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Peso rises to 50-level, but local stocks slip

By Joann Villanueva The Philippine peso appreciated against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) slipped after investors stayed on the...

Cruise ship tourism, the next big thing for Subic

By Jason Joshua Garcia SUBIC BAY — Known for being a strategic hub, Subic Bay Freeport Zone’s wharves and ports have been servicing military ships,...

DOST vows to work on innovation to climb global ranking

By Ma. Cristina Arayata Department of Science and Technology (DOST) Secretary Fortunato dela Pena on Thursday, July 25, vowed to address the country’s weaknesses on...

Duterte shuts lotto and all PCSO betting games down

By THEPHBIZNEWS STAFF As ordered by President Rodrigo Duterte last night, July 26, all betting games of the PCSO -- an office which he said...

BSP issues risk management guidelines for investments

The Monetary Board has approved the risk management guidelines on investment activities of banks and quasi-banks (QBs), the Bangko Sentral ng Pilipinas (BSP) announced...

UCPB confirms resignation of bank president

By Joann Villanueva An official of the government-controlled United Coconut Planters Bank (UCPB) on Friday confirmed the resignation of its president and Chief Executive Officer...

ICTSI boosts MICT’s port capability with new quay cranes, modern RTGs

By THEPHILBIZNEWS STAFF The Manila International Container Terminal (MICT) further established itself this week as having the largest fleet of modern container-handling equipment in the...

Maynilad spending P2.2B this year for pipe replacements

By THEPHILBIZNEWS STAFF West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is spending about P2.2 billion this year to replace 312 kilometers of old, leaky...

EU doles out €8.5 million Humanitarian Aid for South and South East Asia

To help the most affected communities in South and South East Asia hit by natural disasters and humanitarian crises, the Commission has mobilized a...

Japanese firm sets eye on new investments in the Philippines

Japanese firms based in Kyushu prefecture, in search of new business opportunities in the Philippines, formalized their interest with the signing of a Memorandum...

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