Business

BSP tightens licensing for EMI, VC exchanges

MANILA -- The Bangko Sentral ng Pilipinas (BSP) is keen on requiring entities applying for licenses as electronic money issuers (EMI) to also apply for a license as a virtual currency (VC)...

Report on 26 closed, suspended mines out soon

MANILA -- Experts tapped by the inter-agency Mining Industry Coordinating Council (MICC) are scheduled to conclude their review on 26 mining firms earlier ordered closed or suspended during the second half of...

Philippines, Chinese companies sign multi-billion worth of projects

HAINAN, China–President Rodrigo Duterte on Tuesday, April 10, witnessed the signing of agreements between the Philippines and several Chinese companies wanting to invest in the country. The business agreements have an estimated...

DTI raid retailers of substandard goods in Rizal, Leyte

MANILA -- Operatives of the Department of Trade and Industry-Consumer Protection Group (DTI-CPG) confiscated some 2,594 uncertified products in provinces of Rizal and Southern Leyte as part of the agency’s intensified...

Consumer group asks LTFRB to accelerate TNVS applications

MANILA -- Laban Konsyumer, Inc. (LKI), the consumer rights group led by former trade undersecretary Victorio Mario Dimagiba, has urged the Land Transportation Franchising and Regulatory Board (LTFRB) to fast-track the...

Espenilla optimistic of sustained FDI growth this year

MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. is hopeful the country can sustain the rise in foreign direct investments (FDIs) after it registered a record-high USD10...
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