Peso extends consecutive slide against dollar
THE Philippine
peso depreciated against the United States (US) dollar for the third
consecutive trading day on Friday, as the greenback was buoyed by positive
developments in...
13K-hectare land in WV eyed for bamboo plantation
THE Philippine Bamboo Industry Council (PBIC)
is looking into converting at least 19,000 hectares of land nationwide into
bamboo plantation this year, the Department of Trade...
Cebu Pacific offers 2-day ‘piso fare’ sale
LOCAL carrier Cebu Pacific started
Thursday its 2-day seat sale for as low as P1 base fare on domestic and
international routes.
The Jan. 16 to 17...
Copra price hike seen in the next 2-3 years – PCA
THE Philippine Coconut Authority (PCA) is upbeat
that higher copra price will prevail in the next two to three years.
Average farm gate price of copra,...
GDP forecasted to grow 7% in Q1 – economist
AN economist forecasts further
acceleration of the Philippine economy’s growth to as high as 7 percent in the
first quarter of 2020 due to the early...
PSEi plummets 1.65%
Philippine
share prices fell by over 1.6 percent on Wednesday, dragged by renewed concerns
over China and the United States.
The local stock
barometer dropped 128.85 points or...
World stocks climb new peaks on US-China trade deal
NEW YORK – Key world equity indexes
climbed to new records on Wednesday on hopes a US-China trade deal will reduce
harmful tensions, but oil prices...
BSP’s term facilities rates, bid coverage ratio fall
MANILA – Rates and bid coverage ratio of
the Bangko Sentral ng Pilipinas’ (BSP) term facilities fell on Wednesday.
The data released by the central bank
showed...
Bacolod reserves P150M for reclaimed roads upgrade
THE city government in Bacolod City,
Negros Occidental has set aside P150 million for the improvement of roads
cleared of obstructions during the 60 days prescribed...
Total OFW deployment ban to Iraq, Kuwait – POEA
THE Philippine Overseas Employment
Administration (POEA) has ordered the total deployment ban of Overseas Filipino
Workers (OFWs) to Kuwait and Iraq.
In Governing Board Resolution No. 1,...