Manila: The local bourse ended lower Friday, while the peso weakened to a one-month low of 59.00 against the U.S. dollar. After rebounding on Thursday, the Philippine Stock Exchange index (PSEi) fell 0.94 percent to 6,320.41 points. The broader All Sh…
Manila: Factory output grew in January but at a slower pace than in December, data from the Philippine Statistics Authority (PSA) showed Friday. Results of the Monthly Integrated Survey of Selected Industries (MISSI) showed the value of production ind…
Manila: The National Bureau of Investigation (NBI) has issued subpoenas to 18 individuals who claim to be former Marines, along with three other people, in connection with allegations of delivering cash to both current and former government officials….
Manila: Department of Energy (DOE) Secretary Sharon Garin has expressed optimism that oil price adjustments in the coming days will be reasonable despite the ongoing conflict in the Middle East. She mentioned that there have already been two meetings …
Manila: The proposed revamp of the Philippine budgeting system is expected to help accelerate the implementation of development projects funded by the Japan International Cooperation Agency (JICA), the Department of Budget and Management (DBM) said on…
