27 C
Manila, PH
Wednesday, 23 January 2019

Business

Market sees future BSP actions to ease pressure on peso

A senior economist from the Dutch banking group ING sees more actions from the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP)...

MB raises interest rates anew

The Monetary Board raised the interest rate on BSP’s (Bangko Sentral ng Pilipinas) overnight reverse repurchase (RRP) facility by 25 basis points to 3.50...

Frequency issues delaying 3rd telco entry

The never-ending debate over whether the upcoming telco player should pay for its frequency has been causing unwarranted delay for the Department of Information...

Will China hit Hollywood and N.Korea diplomacy in US trade war?

China may look beyond tit-for-tat tariffs in the looming trade war with the United States, analysts say, with a range of creative options at...

RCBC unveils blockchain remittances

Homegrown Rizal Commercial Banking Corp. (RCBC) has partnered with two Japanese banks under Resona Holdings, Inc. to offer a blockchain remittance service that allows...

PH remains financially stable despite global risks

“We stand ready to adjust further as may be necessary to keep inflation expectations well-anchored.” The Philippines remains financially stable amid risks in both the...

Rody tells GSIS not to waver in resolve for better...

President Rodrigo Roa Duterte called on employees of the Government Service Insurance System (GSIS) to champion integrity, transparency, and accountability in their work during...

ZTE shares plunge as US reimposes ban

The US Senate defied President Donald Trump by voting to overrule his administration’s deal with Chinese telecom firm ZTE and reimpose a ban on...

Cusi to ink power deals with Japan

Energy Secretary Alfonso G. Cusi arrived in Tokyo on Monday to lead a team from the Department of Energy (DoE) for a high-level discussion...