Business

PH, Japan to sign loan deal for MRT rehab next week

MANILA -- The governments of the Philippines and Japan will sign a loan agreement for the rehabilitation of the Metro Rail Transit Line 3 (MRT-3) on November 7, a Department of Transportation...

Petron to cut LPG prices

MANILA -- Industry leader Petron Corp. has announced a rollback in the prices of liquefied petroleum gas (LPG) effective Thursday. Petron on Wednesday said it will cut prices of Gasul and Fiesta cooking...

PSEi tracks Wall Street’s rise, peso gains vs. dollar

MANILA -- Both the local bourse and the Philippine peso ended the week on a positive note, mirroring the outcome of US stocks ahead of the long holiday. The Philippine Stock Exchange index...

PH, Chinese execs to sign deals for infra projects

MANILA -- Financing agreements for about 18 infrastructure projects will be signed between the Philippines and China during the visit of Chinese President Xi Jinping here in November, Budget Secretary Benjamin Diokno...

PCCI asks for smooth transition in BOC leadership

MANILA -- The country’s largest business organization, the Philippine Chamber of Commerce and Industry (PCCI), has welcomed a smooth transition in the Bureau of Customs (BOC) so it will not disrupt trade...

Inflation likely peaked in Sept ’18: BSP

MANILA -- The Bangko Sentral ng Pilipinas (BSP) said Wednesday domestic inflation likely reached its peak last September, projecting the October figure to settle within a range of 6.2 to 7 percent. In...
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