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Competition commission approves sale of three PSALM power plants
The Philippine Competition Commission (PCC) has approved the sale of three power plants owned by the Power Sector Assets and Liabilities Management (PSALM) Corp., subject to safeguards to address competition concerns. The PCC said the sale of the Caliraya Hydroelectric…
Vehicle body firms back LTO drive vs illegally imported vehicles
The government’s campaign against the registration of illegally imported mini vans and Japan Domestic Market (JDM) kei cars has gained support from a local vehicle body manufacturers’ group, citing safety…
Marcos to visit UAE for sustainability meet, key economic, defense deals
President Ferdinand R. Marcos Jr. is set to visit the United Arab Emirates (UAE) on Monday for a working trip focused on sustainability and boosting economic ties, Malacañang announced Thursday.…
Samsung posts record Q4 operating profit on chip boom
SEOUL – Samsung Electronics Co. on Thursday projected a record-breaking operating profit of around 20 trillion won ($13.8 billion) for the fourth quarter, fueled by a major comeback in the…
BSP not keen on defending peso versus dollar
As a service-driven economy, the Philippines has room to let the peso move freely even as the US dollar gets stronger, according to the country’s central bank chief. While the…
EDITOR’S CHOICE
| Currency | Price | Previous Close | Changes |
|---|---|---|---|
 UAE Dirham | 0.0635 | 0.0635 | – |
 Australian Dollar | $0.0244 | 0.0244 | 0.02% |
 Canadian Dollar | $0.0235 | 0.0235 | 0.03% |
 Renminbi | ¥0.1194 | 0.1194 | – |
 Euro | €0.0146 | 0.0146 | 0.09% |
 British Pound | £0.0127 | 0.0127 | -0.02% |
 Hong Kong Dollar | $0.1351 | 0.1351 | -0.01% |
 Japanese Yen | ¥2.6403 | 2.6392 | +0.04% |
 South Korean Won | ₩24.9134 | 24.9112 | +0.01% |
 Saudi Riyal | ﷼0.0648 | 0.0648 | – |
 Singapore Dollar | $0.0218 | 0.0218 | -0.03% |
 US Dollar | $0.0173 | 0.0173 | – |
 Philippine Peso | |||
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