Business

NegOcc MSME council to tap more gov’t agencies

BACOLOD CITY, July 31 -- The Provincial Micro, Small, Medium Enterprise Development (MSMED) Council of Negros Occidental will engage the participation of more government agencies in the succeeding annual learning activities...

Cusi creates Transition Panel to manage PEMC, WESM

Department of Energy (DOE) Secretary Alfonso G. Cusi on Friday ordered the creation of a transition committee for the interim management of the Philippine Electricity Market Corporation (PEMC) and the Wholesale...

BSP chief eyes more forex liberalization

MANILA, July 31 -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. vows further foreign exchange liberalization to help address rising financing requirements of the domestic economy. Espenilla said bank lending...

Peso predicted to reach 52-level vs. USD this year

MANILA, July 29 -- An analyst forecasts the Philippine peso to weaken beyond the government’s 48-50 target range for 2017 but considers this as still okay as long as depreciation is...

(Update): PSEi up for 4th day, closes at one-year high

MANILA, July 28 -- The Philippine Stock Exchange index (PSEi) extended its gains for a fourth straight day and closed at a one-year high of 8,071.47, up by 25.69 points or...

PH’s first cloud-based core banking tech to roll out in Mindanao

MANILA, July 26 -- Surigao del Sur-based Cantilan Bank Inc. (CBI) will be rolling out the country’s first cloud-based core banking technology in Mindanao. CBI, with financial support from the Asian Development...
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