Business

Local thrift banks embrace innovations

MANILA -- Officials of the Chamber of Thrift Banks (CTB) are open to innovations on financial technology, citing the advantages towards further servicing their niche market. In a statement, CTB President Gregorio B....

Grab, Uber urged to be transparent about merger

MANILA -- The Philippine Competition Commission (PCC) said Monday that it is closely looking into the acquisition deal between Grab and Uber, adding that the antitrust body will ensure that the transaction...

PCSO to enhance strategies for higher revenues

MANILA -- The Philippine Charity Sweepstakes Office (PCSO), through its gaming sector, will not be introducing a new game this year but will revitalize and enhance instead its existing games to...

Bargain hunting lifts PSEi; peso steps back vs. USD

MANILA -- Risk-on sentiment returned to the Philippines’ equities market Tuesday, enabling the main index to end its two-day slide while the peso weakened to a US dollar still on trade war...

Security Bank suspends ops on Maundy Thursday, Good Friday

MANILA -- All branches of Security Bank nationwide will be closed on Maundy Thursday (March 29) and Good Friday (March 30). In an advisory, the bank, however, said its branches at the Ninoy...

PH consumer confidence weakens on expected commodity price upticks

MANILA -- The Philippine consumers’ confidence dropped to its lowest level in the first quarter of 2018 on expectations of higher prices of goods. However, monetary officials are confident this will improve in...
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