Business

By Joann Villanueva/PNA MANILA -- Average inflation forecasts for 2018-20 were raised after the Monetary Board (MB) took stock of more recent economic developments both here and abroad. The Bangko Sentral ng Pilipinas (BSP)...

By Joann Villanueva/PNA MANILA -- Philippines’ main equities gauge rose for the second consecutive day ahead of Bangko Sentral ng Pilipinas’ (BSP) announcement on its latest policy rate decision, while the peso also...

By PR/PNA MANILA -- D.M. Consunji, Inc. (DMCI), the construction arm of DMCI Holdings, Inc., signed P10.6 billion worth of new projects from January to September, raising its total order book by eight...

By Lilian Mellejor/PNA DAVAO CITY – The Department of Information and Communications Technology (DICT) will recover the PHP24-billion performance bond of the third winning telco and demand the return of frequency if it...

By Joann Villanueva/PNA MANILA -- The Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Thursday hiked key policy rates by an additional 25 basis points despite recent numbers indicating that inflation...

By Kris Crismundo/PNA MANILA -- The Bases Conversion and Development Authority (BCDA) on Thursday named a Filipino-Israeli consortium as the winning bidder for New Clark City's water supply services. In a statement, BCDA said...