Business

Peso recovers; local shares move sideways

By Joann Villanueva/PNA MANILA -- The Philippine peso regained its footing against the greenback Tuesday, while the Philippine Stock Exchange index (PSEi) moved sideways with a downward bias, reportedly weighed down by...

Faster economic growth seen in 2nd semester

By Kris Crismundo/PNA MANILA -- The country’s gross domestic product (GDP) is expected to accelerate in the second half of the year, ING Bank Country Head Hans Sicat said. In a briefing by...

ASEAN urged to boost integration

By Kris Crismundo/PNA MANILA -- Policymakers in the 10-member states of the Association of Southeast Asian Nations (ASEAN) are being urged by their counterparts from the European Union (EU) to boost regional...

Leyte gas station offers online fuel purchase

By Lizbeth Ann Abella/PNA TACLOBAN CITY -- A chain of gas stations in this city and nearby Palo town now offers online purchase of fuel, the first of its kind in the...

Office lease rate in NCR gets more expensive

By Kris Crismundo/PNA MANILA -- Office spaces in Metro Manila are getting more expensive as shown by the latest report of property consultancy services company Santos Knight Frank, which revealed that the...

Tobacco tax hike could prevent 850,000 new smokers

By Filane Mikee Cervantes/PNA MANILA -- Senator Manny Pacquiao on Tuesday said his proposal to double the excise tax on cigarettes is seen to prevent 850,000 new smokers on its first year...
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