REUTERSPHILIPPINE STOCKS dropped further on Tuesday due to the absence of fresh leads, with investors looking ahead to the US Federal Reserve’s Jackson Hole symposium later this week, where US central bank officials could provide hints on their policy stance.The Philippine Stock Exchange index (PSEi)

THE Department of Trade and Industry (DTI) said it tapped AstraZeneca Pharmaceuticals to help build the Philippines’ first pharma innovation hub.The hub stems from a memorandum of understanding (MoU) signed by the Philippine Economic Zone Authority (PEZA) and AstraZeneca Philippines on Tuesday.“Under the agreement, AstraZeneca’s

ABOITIZECONOMICESTATES.COMBy Justine Irish D. Tabile, ReporterPOTENTIAL foreign investors continue to make inquiries about possibly locating operations in the Philippines even in the face of US tariff uncertainty, Aboitiz InfraCapital Economic Estates (AIC Economic Estates) said.“Because of the value that we’ve created in our estates, for

PHILIPPINE STAR/EDD GUMBANONLINE GAMING companies said the government needs to focus on dismantling illegal gambling operators before restricting licensed platforms.“The first thing that we have to address is the illegals,” PlaySafe Alliance of the Philippines spokesman and former legislator Michael T. Defensor said on the

ATPI.COMCORPORATE TRAVEL management company ATPI Philippines said it is seeking to expand operations at its International Center of Excellence (ICE) as demand recovers.Yvette Robles-Araullo, managing director of ATPI Philippines, said the company has filled its 100 seats for the ICE in Makati.“For our normal business

ANFLOINDUSTRIALESTATE.COMTHE Philippine Economic Zone Authority (PEZA) said it expects 700 jobs to be created once Head Sport Philippines, Inc.’s facility in Davao del Norte becomes fully operational.Head Sport Philippines is a part of the US-Austrian group specializing in tennis equipment.“The Panabo facility is expected to

Power co-ops to roll out services to 1,492 homes in five provinces - BusinessWorld Online                                    BW FILE PHOTOTHE Department of Energy (DoE) said five electric cooperatives

Agri department sees signs of monopoly in rice milling industry - BusinessWorld Online                                    DA.GOV.PHTHE Department of Agriculture (DA) said capacity utilization data are pointing to possible

Sugarcane pests spread to 3,394 hectares of Visayas plantations - BusinessWorld Online                                    REUTERSA PEST infestation in Visayas sugar plantations has been reported on 3,394 hectares (ha)

FINANCE SECRETARY RALPH G. RECTO — DEPARTMENT OF FINANCEANALYSTS said sovereign debt, which is projected to exceed P19 trillion by the end of 2026, remains manageable, though sluggish economic growth could undermine revenue generation and complicate fiscal consolidation.Jonathan L. Ravelas, senior adviser at Reyes Tacandong & Co.