MANILA – The Philippines’ gross international reserves (GIR) declined to USD108.45 billion in January from USD108.79 billion in December but an economist said an increase or a record-high is possible as structural inflows remain strong.... Read full article
CEBU CITY – The city government here will collaborate with the United Nations Development Programme (UNDP) in promoting “circular economy”, a program that fosters recycling in the neighborhood, Mayor Michael Rama said Friday.... Read full article
MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno described as “positive news” the continued deceleration of the domestic inflation rate, which slowed further to 3 percent in January 2022 from the previous month’s 3.2 percent.... Read full article
MANILA – Deceleration of domestic inflation rate in January 2020 allowed the main stock index to finish the week up but the peso weakened as oil prices in the international market continued to increase.... Read full article
TUGUEGARAO CITY – To avoid future flooding of the "Ulysses" magnitude in Cagayan Valley, several government agencies under the Regional Build Back Better Task Force (RBBBTF) have agreed to continue their commitment and perform their responsibilities ... Read full article
MANILA – Department of Science and Technology (DOST) Secretary Fortunato de la Peña said on Wednesday there is a need for more investments in the pharmaceutical industry.... Read full article
MANILA – The Philippine Competition Commission (PCC) has proposed for the amendments of rules in the National Telecommunications Commission (NTC) so that it can become a member of the approving body for frequency reassignment.
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MANILA – The Department of Trade and Industry (DTI) released Thursday the updated suggested retail prices (SRPs) of basic necessities and prime commodities, approving SRP increments for 73 units.... Read full article
MANILA – The Securities and Exchange Commission (SEC) has considered favorably the stock rights offer by Philex Mining Corporation for a maximum of PHP3.15 billion.
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MANILA – The Securities and Exchange Commission (SEC) has ordered Goodpocket and Easymoney Lending Corporation to stop conducting lending operations without the necessary licenses from the commission. ... Read full article
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