Gov’t plans $1-B global bond sale THE NATIONAL GOVERNMENT plans to raise $1 billion from a global bond sale to help finance next year’s P3.767-trillion national budget, which now awaits legislative approval, documents from the […]
Diesel up by P1.30/liter, gasoline by P0.45 Extreme weather swings in oil-producing jurisdictions took its “spillover effect” on the Philippine oil industry as the cost of diesel increased sharply by P1.30 per liter effective today. […]
DOF: Tax collection from ‘sin’ products to hit P150B in 2018 Tax collection from “sin” products is seen expanding by 4.7 percent to P150.2 billion in 2018 against the 2017 target of P143.5 billion, according […]
Ayala Corp. to raise $400 million in fixed-for-life perpetual bond CONGLOMERATE Ayala Corp. is set to float $400 million in fixed-for-life perpetual bond. — Business Mirror August foreign reserves at 3-month-high $81.5 billion GROSS INTERNATIONAL […]
Free tuition to cost P51B The Department of Budget and Management (DBM) said based on initial estimates, the Free Tuition Law will cost around P51 billion for its first year of implementation. — Malaya China […]
Tourism revenues rose 67.93 percent to P885 billion in 2014–PSA data Philippine tourism revenues surged to nearly to a trillion pesos in 2014, according to data released by the Philippine Statistics Authority (PSA). — Business […]
Bangladesh central bank sends team to Manila to push for heist money recovery Bangladesh’s central bank will send a team of officials to the Philippines on Tuesday to push for the recovery of more of […]
No changes in PSEi; sectors revamped The Philippine Stock Exchange (PSE) said there will be no changes in the composition of bellwether Philippine Stock Exchange index (PSEi) after the review covering the trading period July […]
Peso declines further on US GDP data THE PESO finished the week lower against the dollar yesterday amid a quiet trading session due to upward-revised US economic growth in the second quarter. — BusinessWorld Online […]
PH sustains lead manufacturing index, highest in ASEAN The country has sustained its leading position in terms of Purchasing Managers’ Index (PMI) for the manufacturing sector at 53.9, the highest among ASEAN Member States. — […]
PH outsourcing services to hit $500M by 2021 The digital transformation journey of companies in the country will lead to spending on outsourcing totaling $500 million (P25.5 billion) by 2021, data from research firm International […]
Philippines says will lift one-month Uber suspension if $3.7m fine paid The Philippine transport regulator said on Friday it would lift a one-month suspension on Uber Technologies Inc if it paid a penalty of 190 […]