News

THE PESO depreciated to an over two-month low against the dollar on Tuesday as sentiment stayed dour due to the conflict between Iran and Israel. The local unit sank to P56.70 per dollar on Tuesday, ...
PHILIPPINE STOCKS inched higher on Tuesday amid positive spillovers from Wall Street, although the market remained cautious due to the ongoing conflict in the Middle East. The bellwether Philippine ...
THE US tariff on Philippine goods is likely to stay at the 10% “baseline” level after the Trump administration’s 90-day pause ends in July. In its report released June 16, Nomura Global ...
THE Department of Transportation (DoTr) said it is considering the construction of a busway along España Boulevard in Manila and Quezon Avenue in Quezon City. “To me the most viable and most needed ...
THE Department of Energy (DoE) asked the oil industry to adjust their prices in a staggered manner, in order to minimize the price shocks from the outbreak of conflict between Israel and Iran. “The ...
THE PHILIPPINES can become more attractive to investors by pursuing key reforms that allay their concerns about risk, the World Bank (WB) said.
A MEAT importer said the Philippines can expect more beef imports from Brazil after the latter was declared free of foot-and-mouth disease (FMD). “The Philippines will have more beef,” Meat Importers ...
THE forecast for Philippine wheat imports has been downgraded 3% to 7.2 million metric tons (MMT), the US Department of Agriculture (USDA) said, citing weaker demand from the animal feed industry. In ...
THE Bases Conversion and Development Authority (BCDA) remitted P3.13 billion to the Bureau of the Treasury, representing the proceeds of asset dispositions, the Department of Finance (DoF) said on ...
THE IMPEACHMENT trial of Vice-President Sara Duterte-Carpio should proceed without further delay to reassure investors about the country’s political stability, a House of Representatives spokesman ...
THE Armed Forces of the Philippines (AFP) on Tuesday rejected a Chinese claim that its naval forces conducted sea and air patrols in the South China Sea last week, saying what it was the continuous ...
THE DEPARTMENT of Social Welfare and Development (DSWD) is set to launch a real-time, cloud-based unified verification system for tracking identification cards for persons with disabilities (PWDs) ...