Business

PSEi down on US-China trade issues, peso stays afloat

MANILA -- Investors' concerns over a possible worsening of the US-China trade war if the November meeting between US President Donald Trump and Chinese President Xi Jinping does not yield the desired...

BSP open to more foreign currency trading platforms

MANILA -- A ranking Bangko Sentral ng Pilipinas (BSP) official said monetary officials are open to the creation of additional Peso-foreign currency trading platforms to ease business transactions by skipping the use...

Local markets up on slower US GDP report

MANILA – The Philippine financial market began the trading week on a positive note, an apparent windfall from the slow down of the US economy in the third quarter. The Philippine Stock Exchange...

Economist forecasts 6% growth in Q3

MANILA -- An ING Bank NV Manila Branch economist forecasted a 6.3 percent growth in the Philippine economy in the third quarter this year, higher than the 6 percent in the second...

ICC-CABCOM okays 2 Marawi rehab, 5 infra projects

MANILA — The National Economic and Development Authority (NEDA) Board Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved on Thursday two projects for the rehabilitation of Marawi City. These include the Rehabilitation and Development Plan...

Ilocos MSMEs to sell wares in Manila trade expo anew

SAN FERNANDO CITY, La Union  — Some 53 micro, small, and medium enterprises (MSMEs) in Region 1 (Ilocos Region) will bring their products to Manila this November through the "Rimat ti Amianan"...
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