BW FILE PHOTOTHE PESO weakened against the dollar on Wednesday as heightened geopolitical concerns affected market sentiment.The local unit closed at P55.66 per dollar, dropping by three centavos from its P55.63 finish on Tuesday, Bankers Association of the Philippines data showed.The peso opened Wednesday’s session
The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERSPHILIPPINE STOCKS rose on Wednesday to snap their five-day losing streak as investors bought bargains and waited for fresh leads.The benchmark Philippine Stock Exchange index (PSEi) rose by 0.63% or 40.02
Roffey Park Institute, renowned for its excellence in executive education and organizational development, is set to host its highly anticipated Virtual AI Conference 2025 on June 18th. The conference, titled “Shaping a Human-Centred Future of Work in the Age of Artificial Intelligence,” will bring together
GOCC dividends seen topping 2024 collections - BusinessWorld Online DOF.GOV.PHSTATE-RUN FIRMS remitted P76 billion worth of dividends to the Treasury as of May, with the Department
CAB lowers air passenger fuel surcharge for June - BusinessWorld Online L FILIPE C SOUSA-UNSPLASHTHE Civil Aeronautics Board (CAB) said it will reduce the airline passenger
THE Department of Trade and Industry (DTI) said South Korean companies led by Lotte Group are planning food service and retail investments in the Philippines.In a statement on Wednesday, the DTI said it heard expressions of intent from the Korean companies at a May 19
Expanded P20 rice program targets 14M beneficiaries - BusinessWorld Online PHILIPPINE STAR/NOEL B. PABALATETHE Department of Agriculture (DA) said it hopes to expand the coverage of
5 RE projects endorsed for grid impact study - BusinessWorld Online PHILSTAR FILE PHOTOTHE Department of Energy (DoE) said it endorsed five renewable energy (RE) projects
ANGELES CITY INFO OFFICETHE DISTANCE to recycling centers is keeping plastic waste in the provinces from being processed, according to a fintech offering a global plastic deposit program.Rene Guarin, Plastic Bank vice-president for the Asia-Pacific region, said the dearth of recycling centers points to an
PHILSTAR FILE PHOTOSUGAR FARMS in northern Negros Occidental reported an infestation of red-striped soft scale insects (RSSI), which have the potential to reduce sugar content in cane by almost 50%, the Sugar Regulatory Administration (SRA) said on Wednesday.The infestation might have been brought to Negros
REUTERSTHE Philippine Economic Zone Authority (PEZA) said it partnered with the International Finance Corp. (IFC) to look into eco-industrial park (EIP) opportunities in the Philippines.“As we transition to the EIP model, we are optimistic that PEZA’s 427 economic zones (ecozones) and the country’s freeports will
FINANCE SECRETARY RALPH G. RECTO — PHOTO FROM DEPARTMENT OF FINANCE FACEBOOK PAGE By Aubrey Rose A. Inosante, ReporterTHE Philippines’ decision to not impose new tax measures until 2028 is deemed feasible if accompanied by stepped-up enforcement against tax evaders, analysts said.“This is possible