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: The average rate of the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposit facility (TDF) declined on Wednesday, reflecting a scenario where the bids exceeded the offered amount.
According to Philippines News Agency, central bank data…
Manila: The Department of Trade and Industry (DTI) strengthened support for micro, small and medium enterprises (MSMEs) as 11 more logistics and related firms joined its Supply Chain and Logistics Center (SCLC) Network. Speaking during the ceremonial …
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…