Business

Peso seen to stay firm as Christmas season nears

MANILA – The Philippine peso is expected to remain generally firm against the U.S. dollar as the Christmas holiday nears, a season for increased inflows from overseas Filipino workers (OFWs).

Lifting of anti-dumping measures opens duty-free pineapple export to Australia

The Australian Anti-Dumping Commission (ADCC) issued its final decision to discontinue the anti-dumping (AD) measures that were applied to consumer and food service industrial (FSI) pineapple exported by the Philippines on...

Israel to share startup, tech best practices with PH

The Israeli government is in close partnership with the Philippines to boost ties on technology and innovation, with the goal of helping the country's tech ecosystem grow.

NEDA chief sees sustained GDP expansion in Q3

The domestic economy is expected to remain in expansion mode even with the movement restrictions in the third quarter of 2021.

PSEi down on renewed China Evergrande concerns; peso gains

The local stock barometer started the week in the negative territory partly on renewed concerns regarding China Evergrande Group but the peso gained against the greenback.

SoKor firm investing P5-B for e-vehicle plant in PH

South Korean firm ENPlus Co. Ltd. is investing PHP5 billion in the Philippines to put up its electric vehicle manufacturing facility, the Philippine Economic Zone Authority (PEZA) reported Friday.
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