Business

Monetary Board seen to keep current BSP rates

MANILA -- An economist of ING Bank Manila on Thursday discounted additional adjustments in the Bangko Sentral ng Pilipinas' (BSP) key policy rates next month, noting that domestic inflation may have already...

More oil exploration activities in PH pushed

MANILA -- Top management of Shell Philippines Exploration B.V. (SPEX), operator and developer of the Malampaya deep water gas-to-power project, said more effort should be put in oil exploration activities to ensure...

PCSO posts P48-B revenues in 3rd quarter of 2018

LEGAZPI CITY -- The Philippine Charity Sweepstakes Office (PCSO) reported a total revenue of PHP48 billion from January to September this year, up PHP9.7 billion, or 25 percent from PHP38.2 billion in...

Banks to ratify renminbi trading in PH

MANILA -- Representatives of the Bangko Sentral ng Pilipinas (BSP) and several banks are set to sign a Memorandum of Understanding (MOU) for the ratification of renminbi (RMB) trading in the Philippines. This...

PEZA chief: Chinese investors want clear incentives rules in PH

MANILA -- Chinese companies are eyeing to relocate their operations in the Philippines with the ongoing trade friction between China and the United States, but investors want clear rules on fiscal incentives...

PH, Japan to sign MRT rehab loan deal before end of October

MANILA -- The Philippines and Japan are set to sign a loan agreement for the rehabilitation of the Metro Rail Transit Line-3 (MRT-3) before the end of this month. This will pave the...
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