BSP to keep rates low, says inflation ‘least’ of worries

THE Bangko Sentral ng Pilipinas intends to keep interest rates low for “many quarters to come” and that inflation was the “least” of its...
Inflation in December will likely settle below the central bank’s target as the country continues to deal with overall weak demand, according to an economist. AFP PHOTO

Dec. inflation likely below BSP forecast – economist

INFLATION in December will likely settle below the central bank’s target as the country continues to deal with overall weak demand, an economist said...
Business sentiments continue to improve in the last month of 2020, posting the highest confidence since February last year. The survey said the improvement in business sentiments was fueled by higher hopes of manufacturers to see greater demand for this year. PNA FILE PHOTO

Manufacturing index slides in Dec., biz confidence up

THE country’s manufacturing purchasing managers’ index (PMI) shed in the last month of 2020, but business confidence was the highest in 10 months, IHS...

World stock markets kick off 2021 at record highs

WORLD stock markets hit record highs on Monday, the first trading day of the new year, as investors hoped the rollout of vaccines would...
Photo courtesy of The Daily Tribune

State-run firms remit P160B in dividends to Treasury – DOF

STATE-run firms remitted P160.6 billion in dividends to the Bureau of the Treasury (BTr) this year to add to the country’s war chest against...

The SM Store Iloilo & Delgado Big Clearance Sale

New Year, New Finds! The SM Store Iloilo & Delgado welcomes 2021 with their Big Clearance Sale which started on January 2 until January 10. Shoppers...
A consumer spotted shopping amid the holiday season. The Department of Trade and Industry on Thursday said manufacturers of noche buena items have committed to keep product prices at 2019 levels and hold off on any increase in the meantime. BUSINESSWORLD PHOTO

PH retail sector seen to have ‘soft’ recovery

THE Philippines’ retail sector is expected to have a soft recovery this 2021 as COVID-19 related risks and uncertainties still hound the country, according...
The hikes come as drugmakers are reeling from effects of the COVID-19 pandemic, which has reduced doctor visits and demand for some drugs. REUTERS

Drugmakers to hike prices this year as pandemic puts revenues at risk

DRUGMAKERS including Pfizer Inc , Sanofi SA, and GlaxoSmithKline Plc plan to raise prices on more than 300 drugs in the United States on...
Photo courtesy of PNA

Power grid operator seeks exemption from travel ban

THE Philippines’ power grid operator appealed to the government to exempt its suppliers and shipments from the travel ban imposed to prevent the entry...
Signed into law in August 2018, Republic Act 11055 or the PhilSys Act, aims to establish a single national ID for all Filipinos and resident aliens. The national ID shall be a valid proof of identity that shall be a means of simplifying public and private transactions, enrolment in schools and the opening of bank accounts. PHOTO COURTESY OF PHILIPPINE NATIONAL ID

PSA warns public vs PhilSys sign up scam

THE Philippine Statistics Authority (PSA) has cautioned the public to be vigilant against scammers posing as employees who facilitate registration for the Philippine Identification...