Business

Peso seen within target range this year

MANILA -- The peso’s depreciation against the dollar is no cause for alarm, as its average rate is expected to remain within target range for the year of up to 52 to...

DOST-CAR sustains support for MSMEs

LA TRINIDAD, Benguet -- The Department of Science and Technology (DOST)-Cordillera on Monday said it approved 44 projects under its Small Enterprise Technology Upgrading Program (SETUP) for the first semester in recognition...

Megaworld opens 17th lifestyle mall

MANILA -- Property developer Megaworld Corp. has just inaugurated a PHP2.2-billion lifestyle mall in its Iloilo Business Park township, its first in the Visayas and Mindanao areas. “We are pioneering the ‘lifestyle mall’...

Pump prices to go up again Tuesday

MANILA -- A week after implementing a substantial rollback, oil firms will once again turn the tables on the consuming public with another oil price hike on Tuesday, July 3. In separate text...

T-bills auction gains mixed results

MANILA -- The Bureau of Treasury (BTr) has awarded the 91-day Treasury-bill (T-bill) in full, while it will only make partial issuance of the 182- and 364-day securities, after rejecting some bids. In...

DBCC keeps medium-term growth target at 7-8%

MANILA -- The Development Budget Coordination Committee (DBCC) remains optimistic that the projected seven to eight percent medium-term economic growth for the country is still attainable. The Duterte administration’s economic managers remain positive...
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