Business

PH stocks gauge slips anew, peso follows

MANILA – Profit-taking ahead of the holidays resulted in another decline in the Philippines’ main equities index on Wednesday (Dec. 22) and the peso followed after slipping to the 50-level against the US dollar.

PEZA woos Dubai businesses to invest in PH

MANILA – The Philippine Economic Zone Authority (PEZA) has invited businesses in Dubai to consider locating their next investments in the Philippines.

$250-M ADB loan to help boost COVID-19 vaccine supply in PH

MANILA, PHILIPPINES - The Asian Development Bank (ADB) has approved a $250 million loan to help the Philippine government secure additional coronavirus disease (COVID-19) vaccine supply to boost the health security of Filipinos and ensure a safe and steady economic recovery.

Bankers Association of the Philippines: Be vigilant against online banking fraud

The Bankers Association of the Philippines (BAP) called on the public to protect themselves from online banking fraud amid reports of an online banking scam affecting several Banco de Oro (BDO) bank account holders in a statement released on Sunday, Dec. 12.

DOLE offering more than 15-K jobs to displaced workers and jobseekers

Over 15,000 jobs will be offered by the Department of Labor and Employment (DOLE) at the hybrid job fairs to be held this December in some regions in the Philippines.

Globe closes term loan facilities with BDO Unibank, LBP

Globe has signed term loan facilities with BDO Unibank, Inc. and Land Bank of the Philippines (LBP) for ₱10 billion and ₱5 billion respectively. The loans shall be used to finance...
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