Business

Local markets recover in midweek session

By Joann Villanueva/PNA MANILA – Risk-on sentiment returned to the Philippines' financial and capital markets Wednesday, allowing both local stocks and the peso to walk away with gains. The Philippine Stock Exchange index...

PH mulls stricter rules on Indonesian palm oil imports

By Lilybeth Ison/PNA MANILA -- Agriculture Secretary Manny Piñol said government is seriously considering the possible tightening up on palm oil importations, particularly those coming from Indonesia, to prevent a flooding in...

Fitch Solutions eyes PH budget deficit at 2.9% of GDP

By Joann Villanueva/PNA MANILA -- Economic think-tank Fitch Solutions said the Philippine government’s 2019 budget deficit is likely to remain at 2.9 percent of gross domestic product (GDP), within the Duterte administration’s...

BOC Dumaguete sub-port revenues hit P3-B mark

By Mary Judaline Partlow/PNA DUMAGUETE CITY – The Bureau of Customs in the sub-port of Dumaguete exceeded its target revenue collection for 2018 by almost 50 percent, as it hit the PHP3-billion...

Local markets weaken over uncertainties overseas

By Joann Villanueva/PNA MANILA -- Investors' wait-and-see stance pending the outcome of US-China trade talks ended the Philippine Stock Exchange index (PSEi) rally Tuesday and the peso followed suit. PSEi shed 1.10 percent,...

PAL launches 3 new routes in Q1 2019

By Ma. Cristina Arayata/PNA MANILA -- Flag carrier Philippine Airlines (PAL) on Tuesday launched three new international routes -- Hanoi, Phnom Penh and New Delhi -- that would commence in summer of...
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