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Day: February 15, 2023

Stocks recover, peso slips ahead of BSP rate decision

MANILA: The local stock barometer recovered on Thursday amid the rise in the United States consumer price index (CPI) for January 2023 while the peso slipped against the US dollar.After sliding for several days, the Philippine Stock Exchange index (PSE…

Vintage vehicle law takes effect in April 2023: Daza

MANILA: Northern Samar 1st District Rep. Paul R. Daza announced Wednesday the upcoming release of the implementing rules and regulations (IRR) of Republic Act 11698 or the “Vintage Vehicle Regulation Act” of 2022, which will take effect in April this y…

Reopening of more economies boosts OFWs remittance growth

MANILA: Total inflows from overseas Filipino workers (OFWs) posted a fresh monthly record-high of USD3.49 billion in December 2022, bringing the full-year figure to an all-time high of USD36.14 billion, up by 3.6 percent.Data released by the Bangko Sen…

MinDA, UN office partner for Mindanao dev’t

DAVAO CITY: The Mindanao Development Authority and the United Nations Office for Project Services (UNOPS) signed a partnership Wednesday to provide various developments in the island region.MinDA Secretary Maria Belen Acosta and Oscar Marenco, the UNOP…

Metallica donates $250K for Türkiye relief efforts

ANKARA: American metal band Metallica’s foundation has donated $250,000 to assist in relief efforts of the Feb. 6 powerful earthquakes in Türkiye in which over 35,000 people have so far died.“All Within My Hands (AWMH) is contributing $125,000 grants t…

PAL to ramp up China routes

MANILA: Flag carrier Philippine Airlines (PAL) will continue to ramp up its services to and from various China routes, reopening destinations this February until March.PAL will relaunch Beijing flights on Feb. 21, and Quanzhou (Jinjiang) and Macau on M…

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