High liquidity because of cuts in banks’ reserve requirement ratio (RRR) resulted to the decline of the interest rate of government-issued three-year treasury-bond (T-bond) on Tuesday. AP

Peso firms up vs US dollar

MANILA - The Philippine peso firmed up at its strongest level in nearly 18 months on Monday as the stock market entered bull territory. The local currency...
The Department of Trade and Industry is urging the President to issue an executive order to reduce logistics costs. PORTCALLS.COM

DTI proposes to reduce shipping costs

MANILA - The Department of Trade and Industry (DTI) will ask President Rodrigo Duterte to issue an executive order (EO) that will significantly reduce logistics costs...
The “Rainwater Harvester” is a corporate social responsibility project of the Metro Iloilo Bulk Water Supply Corporation, in partnership with MIWD. The initiative is led by MIB Human Resources Manager Sheena Marie Relano-Antonio and Engr. Ariel Jampayas Huyong, Facilities and Plant Maintenance Manager of MIB. IAN PAUL CORDERO/PN

Metro Iloilo Bulk Water Supply Corporation turns over ‘Rainwater Harvester’ to Sta. Rita Elementary...

Pursuing its vision environmental protection and giving back to its communities, the Metro Iloilo Bulk Water Supply Corporation (MIB) on July 16 turned over its sustainable “Rainwater...

MANILA – Online casino centers are under construction north and south of the Philippine capital to cash in on the booming gaming sector, the nation’s gaming regulator...
Photo shows workers stacking NFA rice. The BOC said that an average of 256, 445 metric tons per month of rice had been imported since the implementation of the Rice Tarrification Law. GMA NETWORK

BOC on track to meet P10B rice tariff target

MANILA - “The Bureau of Customs (BOC) was right on track to meet the P10 billion collection target set under the Rice Tariffication Law,” customs commissioner...

DBM releases 85.5% of national budget

MANILA - “About P3.130 trillion or 85.5% of the P3.663 trillion obligation programs for fiscal year 2019 has been released as of the end of June,”...

New BSP deputy governor sworn in

MANILA - Francisco G. Dakila Jr. received his oath of office as deputy governor for Monetary and Economics Sector (MES) in ceremonies administered by Bangko Sentral...
The Philippines seemed to be the only country where companies operating lending apps resort to public humiliation to collect payments according to NPC commissioner Raymund Liboro. PEXELS

Privacy commission probing 93 lending apps

MANILA - The National Privacy Commission (NPC) on Sunday said it is probing 93 lending apps amid complaints that operators of these apps access the contact...
The government conducted the “first live marking of petroleum” products. It aims to plug revenue leakages from oil smuggling by placing a molecular marker on imported, manufactured, and refined petroleum products such as gasoline, diesel, and kerosene. AP

Fuel prices to go up anew this week

MANILA – Another round of increases in the pump prices of petroleum products will greet motorists in the coming week, independent player Unioil Petroleum Philippines said...
Leaders of both the employer and labor sectors during a media interview at the Holiday Inn and Suites in Makati City. PNA BY CHRISTINE CUDIS

Labor, employer sectors unite vs job mismatch

MANILA - Amid the many new job openings being created by a vibrant economy, the labor and employer sector agree that there are still too many...