Business

PH markets shed on inflation, trade concerns

MANILA -- Worries emanating from rising inflation along with trade concerns overseas resulted in the negative close of both the Philippine Stock Exchange index (PSEi) and the peso, which narrowly missed a...

Local café says sales going cold as inflation heats up

MANILA – Despite the 10-percent to 20-percent increase in the cost of supplies due to inflation surge, homegrown coffee and coffeehouse chain Bo’s Coffee said it does not intend to increase prices. "Increasing...

LGUs urged to clear rules on food allowed in schools

MANILA -- Local food manufacturers urged local government units (LGUs) to harmonize their standards on food products allowed for sale in schools and near their premises, according to an official of Nestle...

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...
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