Business

Nissan Chairman Faces Arrest in Japan

VOA News Japanese automaker Nissan says it has determined that its chairman, Carlos Ghosn, falsified reports about his compensation "over many years." The company said its internal investigation also found Ghosn had...

NTC confirms Misaltel as 3rd telco player

By Aerol John Pateña/PNA MANILA -- The National Telecommunications Commission (NTC) formally confirmed Mislatel Consortium as the new major player in the telco industry this Monday. This, after the joint venture of Udenna Corporation...

Trading week begins on a positive note

By Joann Villanueva/PNA MANILA -- Hopes for a continued rise in interest rates here and in the US boosted the Philippine peso, while clear indications that inflation pressures have waned backed the Philippine...

BSP clearing, settlement ops open on Tuesday

By Joann Villanueva/PNA MANILA – The clearing and settlement operations of the Bangko Sentral ng Pilipinas (BSP) will continue Tuesday even after regular work has been suspended by the local government due to...

Rates of PH T-bills up further

By Joann Villanueva/PNA MANILA -- The Bureau of the Treasury’s (BTr) auction committee fully awarded all tenors of its Treasury bills (T-bills) Monday even with the uptick in rates. Average rate of the bellwether...

Value of fake goods seized reach P18-B at end-Sept.

By Kris Crismundo/PNA MANILA -- The Intellectual Property Office of the Philippines (IPOPHL) reported on Monday that a total of PHP17.9 billion worth of pirated and counterfeit goods were confiscated from January to...
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