Business

Higher peso rediscount facility rates takes effect Tuesday

MANILA -- Higher rates for loans under the Peso Rediscount Facility of the Bangko Sentral ng Pilipinas (BSP) took effect Tuesday, following the Monetary Board’s decision to raise key policy rates. According to...

DTI to aid Boracay MSMEs during island’s closure

MANILA -- The Department of Trade and Industry (DTI) assured that programs are already in place to mitigate the economic displacement to micro, small, and medium entrepreneurs (MSMEs) that may come as...

DOF: Tax reform fueling PH growth

MANILA -- The Department of Finance (DOF) said the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) Law provides ample fiscal space for the government to fund programs that...

PLDT skeptical about sharing cell towers with competitors

MANILA -- Telecommunications firm PLDT Inc. is not too keen about sharing its cellular towers with competitors, especially since this may open the door for just any new industry player to...

Low passenger demand moves CEB to suspend Caticlan flights

MANILA -- Local airline Cebu Pacific (CEB) is temporarily suspending all its operations to and from Caticlan, Aklan following the closure of the province's top tourist spot Boracay Island. Airline officials said...

15 Danish firms in town seeking biz opportunities

MANILA -- Fifteen companies from Denmark are seeking to find business opportunities in the country particularly in sectors of food, healthcare, utilities, and counseling and investment services. Danish Minister for Industry, Business...
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