Business

Local markets recover as investors scout opportunities

By Joann Villanueva/PNA MANILA -- Bargain hunting powered the Philippine Stock Exchange index (PSEi) into recovery after four days of losing while the peso was lifted by investors who took advantage of a...

BOI OKs P820-M oleochemicals plant in Batangas

By Kris Crismundo/PNA MANILA -- The Board of Investments (BOI) has approved the PHP820-million investment of Balayan Bay Batangas Development, Inc. (BBBDI) for an oleochemicals plant within the Phoenix Petrochemicals and Industrial Park...

PH, EU sign Horizontal Aviation Agreement

By DFA PR BRUSSELS – The Philippines and the European Union (EU) have signed the PH-EU Horizontal Aviation Agreement during a ceremony held at the Justus Lipsius Building in Brussels on 29...

BTr fully awards 7-year T-bond, opens tap facility

By Joann Villanueva/PNA MANILA -- The rate of the Philippines’ re-issued seven-year Treasury bond grew further to seven percent Tuesday amid investors' risk-on sentiment. During the auction last November 27, the same tenor...

Koronadal to offer online payment for biz permits

By Anna liza Cabrido/PNA KORONADAL CITY -- Local business owners may soon transact online after the local government tapped the Land Bank of the Philippines' (LandBank) e-payment system. Mayor Peter Miguel said Tuesday local...

GDP to take a hit from reenacted budget

By Joann Villanueva/PNA MANILA -- An estimated 1.1 to 2.3 percentage points is expected to be shaved off the Philippines’ gross domestic product (GDP) next year if government is forced to operate...
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