Business

Oil price spike seen to drive higher inflation in May — economist

MANILA -- Inflation in May has been seen to further increase to 5 percent from 4.5 percent in April mainly due to higher oil prices in the global market, IHS Markit Chief...

Gov’t raises P13-B from T-bills

MANILA -- The Bureau of Treasury (BTr) was able to raise PHP13.24 billion for the national government Monday from the Treasury bills (T-bills) auction Monday. The auction committee decided to fully award the...

DOF sees inflation momentum receding despite higher May forecast

MANILA -- While they are still crunching the numbers, the Department of Finance (DOF) said it expects that May's inflation will even outpace that of the previous month. In the DOF Economic Bulletin...

Amazon firm opts to hold 1st cloud computing training event in PH

MANILA -- Recognizing Filipino talents, global cloud computing firm Amazon Web Services (AWS) launched its first cloud computing skills training in the Philippines on Monday for free. "This is the first in the...

DOF: Build Build Build to narrow inequality in PH

MANILA -- The Department of Finance (DOF) said Friday the Duterte administration's ambitious infrastructure program dubbed the Build Build Build Program, will contribute greatly to narrowing inequality among regions. In its Economic Bulletin...

PLDT workers troop to claim DOLE’s regularization order

MANILA — More than 2,000 contractual employees of Philippine Long Distance Telephone Co. (PLDT) on Friday trooped to the company’s Human Resources Division in Mandaluyong City to claim their regularization status as...
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