Business

SEC speeds up digitalization programs to improve ease of doing business

The Securities and Exchange Commission (SEC) has accelerated the implementation of its digitalization reforms under the Duterte administration to further improve the ease of doing business in the country and spur...

PH manufacturing PMI hits 8-month high

MANILA – The country’s manufacturing purchasing managers’ index (PMI) for November 2021 logged the highest score for the past eight months at 51.7, London-based information and analytics firm IHS Markit reported on Wednesday (Dec. 1).

DOF embarks on digitalization programs to improve services, decision making

The Department of Finance (DOF) under Secretary Carlos Dominguez III has beefed up its digitalization initiatives, which include facilitating trade online and making the filing of tax exemptions more convenient to better serve the public and improve its oversight functions and policy-making processes.

DTI reminds online shopping sites to only sell PS or ICC marked mandatory products

The Department of Trade and Industry’s Consumer Protection Group (DTI-CPG), through the Bureau of Philippine Standards (DTI-BPS), reminds e-commerce platforms to ensure that all products under the DTI mandatory certification that...

Omicron COVID-19 variant poses downside risks to U.S. economy: Fed chief

The recent rise in COVID-19 cases and the emergence of the Omicron variant pose downside risks to U.S. employment and economic activity and increased uncertainty for inflation, Federal Reserve Chairman Jerome Powell said in a written testimony released Monday (Nov. 29) afternoon.

U.S. dollar falls amid rising risk aversion

The U.S. dollar recorded a deep decrease in late trading on Friday (Nov. 26) as demand for safe-haven shot up.
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