Business

Impact of lowering tariff on food hard to quantify: Guinigundo

MANILA -- A central bank official on Thursday said it is difficult to determine at this time how lowering the tariff on some food items would impact inflation. The possible lowering of tariffs...

4 cities outside NCR join PH’s most competitive

MANILA -- The cities of Davao, Cagayan de Oro, Bacolod, and Cebu are among the 10 most competitive highly-urbanized cities in the Philippines today, according to an annual survey. The Cities and Municipalities...

DTI calls on small retailers to adopt SRPs voluntarily

MANILA -- The Department of Trade and Industry (DTI) has launched its Suking Tindahan Program, which aims to introduce the suggested retail price (SRP) system to sari-sari stores. On Wednesday, the DTI Consumer...

Dominguez bats for effective telco industry regulations

MANILA -- Finance Secretary Carlos Dominguez III said a strong regulatory environment over the telecommunications industry must first be established before government awards frequencies to a third telco player. “We have to go...

PSEi recovers, PHP holds on amid lingering Turkey jitters

MANILA -- Bargain hunting allowed the Philippine Stock Exchange index (PSEi) to recover Wednesday and the peso managed to end sideways against the greenback even with risk-off sentiment remaining high still due...

TDF rates up across-the-board

MANILA -- The rates of all tenors of Term Deposit Facilities (TDFs) rose Wednesday following the recent hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates. Data released by the BSP Wednesday...
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