Business

‘Unimpeded’ rice import to moderate inflation: study

MANILA -- An ING Bank report sees a possible deceleration in the Philippines’ inflation rate as a result of the liberalization of rice importation, which will immediately address supply issues in the...

WPS issue not discussed in PH-China infra cooperation talks: DOF

MANILA -- Big-ticket infrastructure and development projects to be rolled out by the Philippines in cooperation with China are proceeding as discussed during the regular high-level meetings between the two countries, with...

TDF rates rise anew

MANILA -- The rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) continued to rise in step with the upward movement of domestic interest rates although bid coverage ratio...

Now Telecom case vs. NTC delaying selection of 3rd telco: DICT

MANILA -- The Department of Information and Communications Technology (DICT) has accused third telco aspirant, Now Telecom, of delaying the selection process for the new major player in the local telecommunications industry...

Bicam OKs bill strengthening state pension fund

MANILA -- The Social Security System (SSS) announced in a statement on Tuesday that senators and congressmen comprising the bicameral conference committee approved the bill seeking to amend the 21-year-old charter of...

Local markets end flat Tuesday on US-China trade concerns

MANILA -- Both the Philippine Stock Exchange index (PSEi) and the Peso ended flat on Tuesday as investors stayed on the sidelines given the trade war concerns and budget issues overseas. The PSEi...
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