BSP keeps policy rates anew
By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to…
By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to…
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant…
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought…
CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in…
By Joann Santiago MANILA, Dec. 16 (PNA) — The National Economic Development Authority (NEDA) Board on Wednesday approved Php 17.9-billion worth of new projects. Presidential Communications Operations Office (PCOO) Secretary…
By Leslie D. Venzon MANILA, Dec. 16 (PNA) — Philippine shares bounced back to the 6,800-territory on thin volume Wednesday, buoyed by Wall Street’s rally, despite expectations of higher interest…
By Leslie D. Venzon MANILA, Dec. 16 (PNA) — Metro Pacific Hospital Holdings Inc. (MPHH), the hospital investment arm of infrastructure conglomerate Metro Pacific Investments Corp. (MPIC), is acquiring a…
By Leslie D. Venzon MANILA, Dec. 16 (PNA) — Listed port giant International Container Terminal Services, Inc. (ICTSI) has formed its premier shared services company (SSC) to deliver business process…
By Juzel L. Danganan MANILA, Dec 14 (PNA) – State-owned National Power Corp. (Napocor) hiked its power supply to Burias Island by four hours last week. In a statement Monday,…
By Leslie D. Venzon MANILA, Dec. 14 (PNA) — Local share prices resisted weak sentiments across the region to end slightly higher on Monday ahead of a highly-anticipated Federal Reserve…
MANILA, Dec 14 (PNA) — The Philippine Deposit Insurance Corp.(PDIC) has taken over the management of the Rural Bank of Caba (La Union), Inc. following resolution of the Monetary Board…
MANILA, Dec. 14 (PNA) — The Department of Trade and Industry (DTI) has partnered with PLDT SME Nation, the small-and-medium-enterprises (SME) arm of leading telecommunications firm PLDT, to provide connectivity…
By Leslie D. Venson MANILA, Dec. 13 (PNA) — Eight to 10 companies are expected to debut in the local equities stock market in 2016, as they ramp up expansion…
By Cielito M. Reganit MANILA, Dec. 13 (PNA) — Palay and corn outputs for the whole of 2015 may be lower than their respective 2014 levels due to the adverse…
By Leslie D. Venzon MANILA, Dec. 13 (PNA) — The country’s property market is expected to sustain its five to seven percent growth rate in 2016, with the office segment…
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