Business

DBM assures budget for Q1 despite pending GAA

By Joann Villanueva/PNA MANILA -- A US government-style shutdown is highly unlikely here, even while the Philippine government’s proposed 2019 national budget remains pending before Congress, with the Department of Budget and...

PCC gets P2.6-T worth merger, acquisition deals as of 2018

By Kris Crismundo/PNA MANILA -- The Philippine Competition Commission (PCC) reported Thursday that a total of PHP2.6 trillion worth of merger and acquisition (M&A) transactions were filed with the Commission as of...

Gov’t workers’ pay hike hangs pending 2019 budget approval

By Joann Villanueva/PNA MANILA -- Government workers have to wait for the approval of the proposed PHP3.757-trillion 2019 national budget before they can enjoy the fourth and last tranche of the Salary...

PSEi rises anew; peso pulls back on risk-off sentiment

By Joann Villanueva/PNA MANILA -- Risk-on sentiments remained in the Philippines’ equity market Thursday but the peso weakened to its two-week low in line with its counterparts in the region. The Philippine Stock...

Investment uptrend in NegOcc seen to continue in 2019

By Erwin Nicavera/PNA BACOLOD CITY -- A local business leader has expressed optimism about the continuing uptrend of investments in Negros Occidental, including Bacolod City, this 2019. Frank Carbon, chief executive officer of...

PH success in offshore bond markets show confidence in Duterte

DOF PR/PNA MANILA -- Economic managers said the Philippines’ successful bond issuances in the offshore bond markets in 2018 underscored the strong confidence of the international business community in the country’s growth narrative...
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