Rizal Commercial Banking Corp. chief economist Michael Ricafort remains optimistic about the recovery of foreign direct investments…
Category: Business
Stocks rise on bargain hunting; peso weakens anew
The rise of the local stock barometer continued on Wednesday still due to bargain hunting but…
BSP revises 2022, 2023 BOP assumptions
Philippine monetary authorities have projected a larger deficit in the country’s balance of payment (BOP) position…
IT-BPO group welcomes gov’t nod on 100% WFH set-up
The Information Technology and Business Process Association of the Philippines (IBPAP) have welcomed the decision of the…
Oil firms make big-time price cuts on diesel, kerosene
Oil companies implemented another round of big-time price rollbacks on diesel and kerosene products starting on Tuesday, but no movement…
Bill on war vs. online piracy gets Video industry support
The Asia Video Industry Association (AVIA) and its members are pushing for the amendment to the…
Proposed 2023 nat’l budget to support the county’s continued economic growth
Finance Secretary Benjamin Diokno has assured legislators the Marcos administration’s proposed national budget for 2023 will…
DTI to open P400-M cutting-edge tech factory in 2023
The Department of Trade and Industry (DTI) said they hope to start the operation of the…
Amazon’s P524-M PH office to open in September
Amazon Operation Services Philippines, Inc. (AOSPI) will open its new office in the country next month,…
Oil prices dip to benefit PH’s BOP stand
The decline in oil prices in the international market will help lessen the country’s trade deficit…