Business

Oil firms lower pump prices ahead of holidays

MANILA — Motorists can expect lower prices of petroleum products ahead of the Nov.1 and Nov. 2 holidays, as oil firms will implement a big-time rollback on pump prices on Monday morning. In separate...

GDP to grow 6.3% in 2018, 7% in 2019: BPI

MANILA -- The Philippine economy is expected to grow by 6.3 percent this year and accelerate close to 7 percent in 2019, underpinned by the government’s infrastructure push as well as election-related...

Over 400 Cordillera MSMEs benefit from DOST business program

BAGUIO CITY -- Around 400 micro, small, and medium enterprises (MSMEs) in the Cordillera region have so far benefitted from the business upgrading program of the Department of Science and Technology (DOST)...

Local markets end trading week higher

MANILA -- Local markets ended the trading week on a positive note after local shares were energized by Wallstreet's gains and the peso got an upward boost due to profit-taking. After a three-day...

Grab to appeal fines imposed for Uber merger

MANILA -- Grab Philippines will appeal the decision of the Philippine Competition Commission (PCC) which imposed a PHP12-million fine for allegedly violating the interim measures order imposed during the review of its...

BSP open to more currency pair trading

MANILA -- A memorandum of understanding (MOU) for the ratification of renminbi trading in the Philippines is set to be signed next week and similar pacts for trading other currency pairs are...
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