Manila: The Philippine Stock Exchange index (PSEi) opened the week higher, while the peso rebounded to the 57-level against the US dollar. The PSEi gained 0.36 percent to 6,488.51, and the broader All Shares index climbed 0.59 percent to 3,591.61.
Manila: Fuel prices will rise again on Tuesday, with increases reaching up to PHP1.20 per liter, oil companies announced Monday.
According to Philippines News Agency, in separate advisories, Seaoil and PTT Philippines stated that they will raise gas…
Manila: The Philippines’ electric vehicle (EV) industry has strong growth potential as consumer demand rises with greater awareness of EV benefits, an industry official said Monday. “Definitely it will grow. So, if we talk about EV, new electric vehic…
Manila: The Philippine peso strengthened to the 57-level against the US dollar on Monday, while the local bourse slipped on profit-taking.
According to Philippines News Agency, the peso closed at 57.98 to a dollar, up from 58.02 on Friday. It
Manila: Philippine and United States officials, along with private sector representatives, signed three memoranda of understanding (MOUs) on Monday to support nuclear energy development. The Philippines aims to incorporate nuclear power into its energ…