Business

Economists eye 50-bps hike in BSP rates as inflation surges

MANILA -- Several economists are projecting another hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates this September after inflation surged to nine-year high in August 2018 to 6.4 percent. In a...

50 healthcare firms from EU seek opportunities in PH

MANILA -- Representatives of fifty companies from the European Union (EU) are concluding their business mission here Wednesday, with eyes for establishing networks and partnership among local companies in the healthcare sector...

USD83-M deal in Israel proves vast opportunities in PH: Lopez

MANILA -- Trade Secretary Ramon Lopez said the almost USD83-million worth of business deals signed between the Philippines and Israel during President Rodrigo Duterte's three-day visit proved the vast investment opportunities available...

LTFRB allows TNCs P2 per-minute charge

MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) has allowed all transportation network companies (TNCs) to impose a PHP2-per-minute charge to passengers as part of their fare structure. This as the...

Grab to appeal P10-M fine for its per-minute charge

MANILA -- Ridesharing firm Grab Philippines is considering an appeal to the decision of the Land Transportation Franchising and Regulatory Board (LTFRB) to fine it PHP10 million due to its PHP2-per-minute charge. Grab...

TDF rates sustain rise

MANILA -- The rate of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) rose anew Wednesday although banks submitted lower-than-accepted bids for the seven-day facility. Data released by the central bank...
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