Philippine execs see economic rebound to pre-pandemic levels
THE Philippines’ economic managers are optimistic that the country, home to the longest lockdown in the world, will see growth bounce back to pre-pandemic...
DTI adjusts cement safeguard duty in 2021
THE Department of Trade and Industry (DTI) is adjusting safeguard duty for imported cement this 2021 for the second year of the imposition of...
AboitizPower stands firm in 2020, hopeful for 2021
ABOITIZPOWER had high hopes for 2020 as it anticipated the realization of its growth strategy over the next decade.
But three months into what AboitizPower...
DBP inks P416-million credit deal with local iron ore mining giant
STATE-owned Development Bank of the Philippines (DBP) has granted a P416-million credit line to the country’s first large-scale offshore mining company to augment its...
SSS releases circulars on new contribution schedule
The Social Security System's (SSS') new contribution schedule is set to take effect on January 2021 pursuant to Republic Act No. 11199 or the...
Business group pushes for sustainable growth in WV
THE Metro Bacolod Chamber of Commerce and Industry (MBCCI) is pushing for sustainable and cohesive economic recovery efforts in Western Visayas.
MBCCI chief Frank Carbon...
Gov’t seeks another P540-B funding from BSP
THE Philippine government has sought another P540 billion or $11.24 billion in financial support from the central bank, the third time it has done so...
Cebu Pacific to launch direct Manila-Surigao flight
THE Philippines’ leading carrier, Cebu Pacific (PSE: CEB), expands its domestic footprint with the commencement of direct flights between Manila and Surigao every Saturday,...
PH internet speeds up slightly in Nov. – Ookla Speedtest
PHILIPPINE internet speeds recorded a slight improvement in November as the country climbed the global ranking in terms of both mobile and fixed broadband,...
Bangko Sentral sees Dec. inflation within 2.9-3.7%
THE Bangko Sentral ng Pilipinas on Tuesday said it sees December inflation settling within the 2.9 to 3.7 percent range.
The BSP said higher prices...