PH inflation hits 4.6% in May, fastest in more than 5 years
MANILA – Inflation accelerated by 4.6 percent in May, the fastest in more than five years and faster than the 4.5 percent reported in...
Senator seeks ‘comprehensive financial check-up’ of PhilHealth
MANILA – The Philippine Health Insurance Corp. (PhilHealth) was urged to undergo a "comprehensive financial check-up" to ensure its long-term viability.
President Rodrigo Duterte on...
OGCC wins PCSO’s arbitration case
MANILA – The Office of the Government Corporate Counsel (OGCC) has won for the Philippine Charity Sweepstakes Office (PCSO) an arbitrary case filed by...
Pagbilao power project to benefit Luzon
MANILA – The latest coal-fired generating facility and merchant power plant in Quezon province is expected to boost and stabilize energy supply in the...
LTFRB cautions against unauthorized fare hikes
MANILA – The Land Transportation Franchising and Regulatory Board (LTFRB) on Sunday warned public utility vehicle operators and drivers against increasing fares without its...
‘92% of CEOs in PH positive about local biz conditions’
MANILA – Top executives across the country remain optimistic about prevailing business conditions, as indicated by the Oxford Business Group (OBG) Business Barometer: Philippines...
Bangko Sentral requires banks to cover liquidity needs for 1 year starting 2019
MANILA – The Bangko Sentral ng Pilipinas is requiring universal and commercial banks to have funds ready to cover liquidity needs for a year.
The...
‘Higher domestic demand driving up inflation’
MANILA – A significant portion of April's inflation uptick was attributed to higher domestic demand, driven by greater disposable income resulting from personal income...
Whirlpool Philippines pays tribute to mothers
THE most anticipated annual mother’s day event of Whirlpool, the world’s leading manufacturer of quality home appliances, was recently at the Cash & Carry...
‘Fuel tax suspension will slash funding for gov’t projects’
MANILA – Suspending higher excise taxes on fuel will restrict funding for government projects, including free tuition and a salary increase for state workers,...