Business

PH offers 154.2-B yen worth of Samurai bonds

MANILA -- The Philippines' 154.2-billion Japanese yen multiyear Samurai bond offering on Wednesday was warmly received by the market, and this was largely due to investors’ positive sentiment towards the country’s economic...

Dot Property still bullish about PH property market

MANILA -- Dot Property, a digital media company serving property seekers, remains optimistic about the Philippines' property market despite rising interest rates and other external risks. The Filipino market's strong appetite for residential...

Nayong Pilipino exec denies corruption allegation

MANILA – Outgoing Nayong Pilipino Foundation (NPF) Chairperson Patricia Ocampo, who was sacked by President Rodrigo Duterte with her entire board, has denied that their business dealings in behalf of government was...

LuLu Group to buy up to USD20-M worth of goods from PH

MANILA -- Philippine Economic Zone Authority (PEZA) Director General Charito Plaza revealed that an Abu Dhabi-based retail giant will buy some USD10-million worth of goods from the Philippines this year, and that...

Markets down on inflation worries

MANILA -- Anticipation of a fresh hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates later this week resulted in losses in both the Philippine Stock Exchange index (PSEi) and the...

PH electronic fund transfers benefit from PESONet

MANILA -- The volume of electronic fund transfers in the Philippines has risen by 27 percent year-on-year as of end-July 2018 with the help PESONet. PESONet is the first automated clearing house (ACH)...
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