Manila: The peso gained further against the U.S. dollar Thursday but the Philippine Stock Exchange index (PSEi) ended its rally due to profit-taking. The local unit ended the day’s trade at 58.11 to a greenback from its 58.29 close Wednesday.
Manila: A move to institutionalize business permit and licensing offices (BPLOs) is underway to improve ease of doing business and encourage more foreign investments, according to a high-ranking official at the Department of Economy, Planning, and Dev…
Manila: Infrastructure projects that will efficiently allow commuters to travel more easily around the country are among the factors seen as drivers of the real property sector this 2026.
According to Philippines News Agency, in a briefing on Wednes…
Manila: Confidence in the Philippine economy is improving, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said Wednesday, expressing optimism for a growth rebound in the second half of the year. Citing the central bank’s survey of supply …
Manila: The local stock market extended gains Wednesday, while the peso rebounded against the US dollar after Tuesday’s decline. The Philippine Stock Exchange index (PSEi) rose 0.37 percent to 6,498.82, while the All Shares index gained 0.37 percent t…