The Department of Finance (DOF) will draw this week US$80 million (about P4 billion) of the World Bank (WB)’s US$500-million standby credit line extended to the Philippines to support the national...
MANILA – Profit-taking ahead of the holidays resulted in another decline in the Philippines’ main equities index on Wednesday (Dec. 22) and the peso followed after slipping to the 50-level against the US dollar.
The Department of Trade and Industry (DTI) said in the Laging Handa briefing on Friday (Dec.17) that there is a possibility to implement price freeze in all basic needs and necessities in areas affected by Typhoon Odette once their local government units (LGUs) declare a state of emergency.
MANILA – The Philippine Economic Zone Authority (PEZA) has invited businesses in Dubai to consider locating their next investments in the Philippines.
MANILA, PHILIPPINES - The Asian Development Bank (ADB) has approved a $250 million loan to help the Philippine government secure additional coronavirus disease (COVID-19) vaccine supply to boost the health security of Filipinos and ensure a safe and steady economic recovery.
