BW FILE PHOTOBARGAIN HUNTING may prop up Philippine shares this week after the index ended at a seven-month low on Friday, and as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) policy meeting.On Friday, the bellwether Philippine Stock Exchange index (PSEi) closed lower for

PHILIPPINE STAR/ MIGUEL DE GUZMANTHE PESO is likely to stay at the P58 level this week as the dollar will continue to be supported by the US Federal Reserve’s “higher for longer” policy stance, analysts said.The local unit weakened to a near 20-month low on

REUTERSTHE Board of Investments (BoI) said it is seeing increased investor interest in agriculture, after investment promotion agencies (IPAs) were empowered to approve projects with higher investment thresholds.In a statement over the weekend, the BoI said the higher thresholds at IPA level approved by the

PHILIPPINE STAR/BOY SANTOSA WAGE hike is not expected to reduce the appeal of the Philippines to foreign investors, the British Chamber of Commerce of the Philippines (BCCP) said.BCCP Executive Director and Trustee Christopher James Nelson said by phone that wage hikes will not necessarily mean

PHILSTAR FILE PHOTOTHE TOURISM INDUSTRY is expected to attract increased investments once the amendments to the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act are passed, an industry regulator said.On the sidelines of the Philippine Tourism and Hotel Investment Summit on Friday, Tourism Infrastructure

THE Energy Regulatory Commission (ERC) said it is reviewing the reliability index that typically sets the allowable outages for energy facilities, to improve monitoring and set appropriate penalties.“We are reviewing the reliability indices based on the petition filed by PIPPA (Philippine Independent Power Producers Association,

PHILIPPINE STAR/ MICHAEL VARCASTHE catch landed at regional fishports rose 55.5% by volume in May, according to the Philippine Fisheries Development Authority (PFDA).In a report, the PFDA said the landed catch was 66,587.86 metric tons (MT) during the period, up from 42,814.9 MT a year

PHILIPPINE STAR/EDD GUMBANTHE Philippine Consulate in Chongqing, China and the Philippine Trade and Investment Center (PTIC) said they have invited Chongqing E-Cars Technology Co., Ltd. to set up an assembly plant and expand its operations in the Philippines.Citing the market for electric tricycles, Chongqing Consul

IN BRIEF: • Nearly half (49%) of global respondents believe that compliance with their organization’s standards of integrity has improved over the past two years, marking a 7% increase from 2022.• Unethical mindset is more dominant in the upper echelons of organizations, with 67% of board

JEFFERSON CHENG — PWNTBUSINESSMAN JEFFERSON CHENG, a key piece of the recent success of the Philippine women’s football team program, has stepped down as team manager of the Filipinas.Mr. Cheng, the Filipinas’ chief backer and manager in their rise from minnows to a FIFA Women’s

KIYOMI WATANABE — PHILSTAR FILE PHOTOGOOD as in.Philippine Judo Federation Secretary-General Dave Carter recently said Kiyomi Watanabe is virtually assured of a berth in the Paris Olympics set next month as a recipient of one of the two continental quotas allotted for Asia.“Kiyomi (Watanabe) is