Business

PH can minimize well-being losses from calamities by 22%

MANILA -- The Philippines can reduce the average well-being loss due to natural disasters by 22 percent if it is able to speed up recovery from five years to one, a joint...

‘Minimal’ wage hike fine with DTI chief

MANILA-- Department of Trade and Industry (DTI) Secretary Ramon Lopez said a significant increase in wages in the country could be “dangerous,” but a “minimal adjustment” is acceptable due to the...

DA holds investment forum on cashew and cacao in Palawan

PUERTO PRINCESA CITY, Palawan – The regional field office of the Department of Agriculture (DA) conducted here Tuesday an investment forum on current market trends in the production of cacao and cashew,...

BOP deficit surges in May

MANILA -- The Bangko Sentral ng Pilipinas (BSP) reported Tuesday that the country's balance of payments (BOP) position this May posted a deficit of USD583 million, a surge relative to the USD59-million...

BSP assures PH financial stability amid local, global risks

MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. has assured Japanese investors that the Philippines remains financially stable amid risks in domestic and global markets. In his presentation during the...

RCBC ties up with Osaka, Kobe banks to lure Japanese SMEs

MANILA -- A budding partnership between the Rizal Commercial Banking Corp. (RCBC) and two banks under Resona Holdings, Inc. in Japan aims to bring more Japanese small and medium enterprises (SMEs) to...
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