Business

Grab to lower surge rates for holiday season

MANILA -- Ridesharing firm Grab Philippines is set to lower the surge rate on its fares amid increasing demand for ride among its passengers for the holidays, a company official said Monday. “If...

Local markets off to a good start this week

MANILA -- Risk-on sentiments prevailed in local markets at the start of the trading week, lifting the Philippine Stock Exchange index (PSEi) and helping the peso keep its ground amid an invigorated...

Gov’t won’t lose from oil excise tax suspension: consumer group

MANILA – Consumer group Laban Konsyumer Inc. (LKI) said government does not stand to lose should the second installment of the oil excise tax increase be put on hold. In a statement, LKI...

BTr fully awards T-bills as rates correct

MANILA -- The rates of Philippine Treasury bills (T-bills) rose across-the-board Monday but Deputy Treasurer Erwin Sta. Ana said the upticks are within their expectations, thus, the full award for all tenors. The...

ITBPO firms giving PEZA a second look

MANILA -- The information technology and business process outsourcing (ITBPO) sector is showing renewed interest in the Philippine Economic Zone Authority (PEZA) as evidenced by a rebound in investment pledges since August,...

MARINA allows Negros Navigation to operate VisMin routes for Undas

MANILA -- The Maritime Industry Authority (MARINA) has granted a permit to Negros Navigation Company Inc. to operate along various routes in the Visayas and Mindanao to address passenger demand for the...
spot_img

Popular