PH shares end in red on profit-taking, peso slumps to 59
MANILA – The local stock barometer closed in the red territory as profit-taking snapped its four-day win streak, while the peso slumped to a two-year low of 59 against the US…
DOF, JP Morgan explore potential areas of collaboration
MANILA – Finance Secretary Ralph Recto recently met with senior officials of JP Morgan to explore potential areas of collaboration and initiatives in the Philippine capital market. In a social media…
Powerhouse Canada trade mission coming to PH in December
MANILA – Canada is sending its largest trade mission to Manila to help Canadian exporters and innovators position themselves in the Philippine market, the Canadian Embassy in Manila said Thursday. The…
PEZA’s 7-month investment approvals create more jobs
MANILA – The approved investments at the Philippine Economic Zone Authority (PEZA) from January to July this year generated more jobs in ecozones than during the same period in 2023. The…
PSEi continues rally for 3rd day, peso ends almost flat
MANILA – The local stock barometer rallied for three straight days while the peso closed sideways, but better than the previous day’s trading. All counters in the Philippine Stock Exchange index…
Young Pinoys urged to take electronics industry-related courses
MANILA – Amid the declining number of enrollees in certain engineering courses, stakeholders in the semiconductor and electronics industry have urged young Filipinos to explore career opportunities in this sector. In a…
PSEi, peso weaken on higher inflation
MANILA – Both the local bourse and the currency dropped on Friday following the higher inflation rate in March 2024 as reported by the Philippine Statistics Authority (PSA). The Philippine Stock…
PBBM to launch Cebu-Negros-Panay backbone project on Apr. 8
ILOILO CITY – President Ferdinand Marcos Jr. is set to inaugurate the Cebu-Negros-Panay Backbone Project Stage 3 (CNP3) will be inaugurated on April 8, Iloilo City Mayor Jerry Treñas said on…
PetroWind begins commissioning of Nabas-2 wind power
MANILA – Yuchengco-led PetroWind Energy Inc. (PWEI) announced Friday that it started the commissioning of clean energy from the Nabas 2 Wind Power Project on April 4. The exporting of power…
DTI announces second shipment of PH mangoes to Australia
MANILA – The Department of Trade and Industry (DTI) on Saturday disclosed that Fastboxph would dispatch another batch of Philippine mangoes to Australia this month. The move further highlights the trade…