Finance

More companies apply as virtual currency transaction conduits

MANILA -- More companies are interested to be part of the virtual currency (VC) transactions in the Philippines, Bangko Sentral ng Pilipinas (BSP) Gov. Nestor A. Espenilla Jr. said. To date, the...

No overheating of PHL economy: Espenilla

MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. on Tuesday said there is no overheating yet of the Philippine economy since fundamentals remain strong and are supportive...

IMF exec cites measures vs possible overheating of PH economy

MANILA -- An increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates is needed if, indeed, signs of overheating in the domestic economy is present. This was pointed out by IMF...

Micro-finance exec honored to be ASEAN business mentor

BAY, Laguna – A top executive of the country’s largest micro-finance group disclosed on Thursday that he felt honored to be one of 143 other business leaders and pioneer mentors for micro,...

Peso rises anew vs. USD; PSEi slips on profit-taking

MANILA - - Lower US Treasury yields proved advantageous to the Philippine peso, which again strengthened to the dollar Thursday, while the Philippine Stock Exchange index (PSEi) slipped anew on profit-taking. The...

Sotto optimistic on passage of 2018 budget, TRAIN before mid-December

MANILA -- Senate Majority Leader Vicente Sotto III on Thursday expressed hope that the 2018 General Appropriations Act (national budget) and the Tax Reform for Acceleration and Inclusion (TRAIN or tax...

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