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Category: Business

PH eyes ecozones for e-vehicle, parts manufacturing

Department of Trade and Industry (DTI) Undersecretary Rafaelita Aldaba said the agency is eyeing economic zones solely for electric vehicles (EV) manufacturing, including parts and components. Aldaba said having ecozones and industrial parks that can …

MALAYSIA, UZBEKISTAN FORGE STRATEGIC PARTNERSHIP IN TOURISM

KUALA LUMPUR, Malaysia and Uzbekistan officially inked a Memorandum of Understanding (MoU) in the field of tourism towards fostering stronger ties and mutual collaboration.Tourism, Arts and Culture Ministry (MOTAC), in a statement, said that the primar…

PSEi drops on inflation concern, peso ends sideways

Both the local stock market and the currency closed Friday weaker amid concerns over prolonged high inflation rates.The Philippine Stock Exchange index (PSEi) ended the day weak with all counters in the red.The local bourse plunged 76.26 points, or 1….

Livestock raisers in Romblon town urged to get animals insured

The Municipal Agriculture Office (MAO) here has urged livestock raisers who have not yet availed of the government’s insurance program to get coverage for their animals.In an interview on Friday, municipal agriculturist Rexfort Famisaran said uninsure…

Improved market sentiment lifts PH equities, peso on sideways

The local bourse returned to the 6,200-mark, buoyed by better market sentiment while the peso slightly gained on Tuesday’s trading.’The PSEi (Philippine Stock Exchange index) gained today by 82.07 points, or 1.3 percent to close at 6,280.90, near two-…