More short-term foreign investments fled the Philippines for a second straight month in October amid uncertainty in global markets and lingering concerns over inflation. Foreign portfolio investments (FPI) -- commonly referred to
RICHMONDE Tower in Iloilo Business Park By Keren Concepcion G. Valmonte, Reporter It is an "exciting time" for the Philippine real estate investment trust (REIT) market, with the pipeline of initial public offerings
Mall operators are now seeing improved foot traffic ahead of the holiday season. -- Photo by Michael Varcas, The Philippine Star The operations of key economic sectors like retail and fast
The Bangko Sentral ng Pilipinas (BSP) will maintain its ceilings for credit card charges in response to a low-interest rate environment. "The decision of the Monetary Board is based on a holistic
THE Philippine bond market grew at a faster pace in the third quarter on the back of higher government borrowings, the Asian Development Bank (ADB) said. The ADB, in its Asia Bond Monitor
BW FILE PHOTO THE BANGKO SENTRAL ng Pilipinas (BSP) fully awarded the short-term securities it auctioned off on Friday as global oil prices continued to decline. The central bank raised P100 billion as planned
BW FILE PHOTO THE PESO weakened against the dollar on Friday after a new coronavirus variant led to risk aversion among investors. The local unit closed at P50.43 versus the dollar, down by four
PHILIPPINE STAR/ MICHAEL VARCAS THE suggested retail prices (SRP) of most Noche Buena products decreased or remained unchanged this year, according to the Department of Trade and Industry (DTI). "The DTI thanks the
Despite his significant achievements as an international business leader - having built Africa's largest steel producer from the ground up - Ahmed Ezz has indicated that his greatest pleasure in life was to serve the people of Egypt as a Member of Parliament, helping to
THE Federation of Philippine Industries, Inc. is batting for the use of palm oil in the country's fuel mix to help bring down prices. FPI Chairman Jesus L. Arranza said using palm oil
THE Central Luzon State University (CLSU) and the Tamagawa University in Japan will conduct a five-year research project on sustainable farm management of banana and cacao. The research will be implemented under the
Universal Robina Corporation (URC) on Friday said it is acquiring Malaysian biscuits company Munchy Food Industries for around 1.925 billion ringgit or around P22.9 billion, as it further expands in Southeast Asia.