PSEi down for seventh straight day; Selling pressure continues
For the seventh straight day, the Philippine Stock Exchange index (PSEi) ended in negative territory, as local uncertainties are prompting…
Over 100 investors eye Camp John Hay for business
BAGUIO CITY – The John Hay Management Corporation (JHMC) has received over a hundred letters of intent (LOIs) from investors…
Novo Nordisk files Biologics License Application with US FDA for once-a-week insulin treatment for type 2 diabetes
Novo Nordisk has resubmitted its Biologics License Application (BLA) to the US Food and Drug Administration (FDA) for its Awiqli…
PH debt down 0.5% in August to P17.56 trillion; Govt pays P516.34 billion in bonds
The country’s debt slightly declined as of end-August this year with the government fully repaying of its biggest local bond…
Trade deficit eases in August
The country’s trade deficit recorded a double-digit decline in August this year, the Philippine Statistics Authority (PSA) said. Preliminary data…
PSEi drops below 6,000 points; Corruption, US issues still plague investor sentiment
Still affected by worries on local corruption and the US economy and policies, the Philippine Stock Exchange index (PSEi) dropped…
BPI, GCash to adopt InstaPay for cash-in transactions starting October 1
Ayala-led Bank of the Philippine Islands (BPI) and GCash will adopt InstaPay for cash-in transactions starting Oct. 1 this year.…
Visa Commercial Solutions (VCS) Hub launched
Visa Inc., a global leader in digital payments, has announced the general availability of the Visa Commercial Solutions (VCS) Hub,…
Rice import ban extended by 30 days to protect farmers
The government will extend the current two-month rice import ban for at least 30 more days to cushion the impact…
Higher inflation seen in September
Inflation will likely settle at 2.1 percent in September, which is higher than the 1.5 percent recorded in August this…