BSP hikes BOP surplus forecasts
Philippine monetary authorities have revised upwards the Bangko Sentral ng Pilipinas’ (BSP) balance of payments (BOP) projections based on the…
Japanese wiring harness maker invests P230M in PH
The Philippines has secured a new investment from another Japanese wiring harness manufacturer, the Department of Trade and Industry (DTI)…
600K garment workers at risk of job loss due to Covid-19
The Philippines’ garment industry has taken a big hit from the coronavirus disease (Covid-19) pandemic, cutting exports by almost 40…
BSP eyes credit risk database for MSMEs
Micro, small and medium enterprises’ (MSMEs) access to financing are expected to further widen through a statistical reference tool being…
BFAR declares shellfish ban in Bataan
The Bureau of Fisheries and Aquatic Resources (BFAR) issued an advisory on Monday banning the consumption of shellfish caught in…
Give 13th-month pay on or before Dec. 24, DOLE tells employers
All private sector employers must give the 13th-month pay of their employees on or before December 24, the Department of…
MRT-3 to increase passenger capacity to 30% starting Monday
The Metro Rail Transit-3 (MRT-3) will increase its maximum passenger capacity from the current 13 percent (51 pax per train…
DOE: Investments to come in as PH lifts ban on WPS
Investments in oil and gas drilling are expected to come in as the government lifted the moratorium on energy exploration…
Peso ends sideways vs dollar, stocks index slides
The Philippine peso ended Friday sideways against the US dollar due partly to record-high foreign exchange reserves of the country…
PH international reserves reach $100 billion
The country’s gross international reserves (GIR) have reached an all-time high of $100.49 billion or at least P4.86 trillion at…