PSEi, peso drop anew amid prolonged Mideast conflict

Manila, March 30 -- Prolonged tensions in the Middle East continued to weigh on investor sentiment, causing the Philippine Stock Exchange index (PSEi) to decline anew on Monday, while the peso also dr... Read More

Oil firms to implement another round of fuel price hike

Manila, March 30 -- Oil companies announced another round of fuel price increases starting Tuesday, marking the fourth consecutive week of hikes amid ongoing Middle East conflict. In separate advisor... Read More

Biz groups vow to work with gov't to protect Filipino consumers

Manila, March 30 -- Business groups have praised the government's initiative to involve the private sector in crafting measures to protect Filipino consumers from rising fuel costs. In a joint statem... Read More

DOE: MTerra solar, battery capacity to boost power supply

Manila, March 30 -- The Department of Energy (DOE) on Monday said the energization of 250 megawatts (MW) of solar capacity and 450 megawatt-hours (MWh) of battery storage by MTerra Solar strengthens t... Read More

BMI expects BSP to keep rates unchanged this year

Manila, March 30 -- The Bangko Sentral ng Pilipinas (BSP) will likely maintain policy rates this year amid higher inflation projection and slow growth, BMI, a unit of Fitch Solutions, said Monday. "W... Read More

JICA OKs funding for Manila subway, Central Mindanao highway

Manila, March 27 -- The Philippines, through the Department of Finance (DOF), secured funding from the Japan International Cooperation Agency (JICA) to make travel and trade easier in the National Cap... Read More

ADB to help Asia-Pacific region mitigate impacts of Mideast conflict

Manila, March 25 -- The Asian Development Bank (ADB) has said it is ready to deploy timely financial and technical support to help developing member countries (DMCs) mitigate the impacts of the Middle... Read More

Maya rolls out rebate to users receiving remittances from Middle East

Manila, March 24 -- Users of Maya app receiving remittances from select Middle East countries will get transaction rebates as part of Maya's move to support Filipino families amid the conflict. In a ... Read More

BSP assures continued public services on Fridays

Manila, March 23 -- The Bangko Sentral ng Pilipinas (BSP) has assured that it will continue delivering public services on Fridays while supporting government-wide efforts to conserve energy. In a sta... Read More

Gov't to support Filipino workers amid global uncertainties

Manila, March 13 -- The government will step up efforts to support the country's workforce amid rising global uncertainties, the Department of Economy, Planning, and Development (DEPDev) has said. Th... Read More

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