August BoP surplus biggest in 4 months
The Philippines’ balance of payment position (BoP) hit $1.044 billion in August, the highest in
STOCK MARKETS
Consumers less pessimistic in Q3 — BSP
PHILIPPINE STAR/ MICHAEL VARCAS Consumers were less pessimistic in the third quarter as more jobs
BSP fully awards 28-day bills
BW FILE PHOTO The Philippine central bank fully awarded the short-term securities it sold at
Marcos party names his only son its presidential bet
BONGBONG MARCOS FB PAGE The party founded by the late dictator Ferdinand E. Marcos, Sr.
Philippines adds 18,659 COVID-19 cases
PHILIPPINE STAR/ MICHAEL VARCAS By Bianca Angelica D. Anago, Reporter The Philippines reported 18,659 coronavirus
Gov’t bought expired face shields — senator
The government bought millions of expired and substandard face shields for healthcare professionals from a
House OK’s extended registration period
PHILSTAR The House of Representatives on Friday approved on second reading a bill that seeks
Congressman: Ombudsman open to review of SALN memo
CSC.GOV.PH The Office of the Ombudsman is open to revising a circular that restricts public
SEC clears AllDay listing, Petron bond offer
THE Securities and Exchange Commission (SEC) approved the initial public offering (IPO) of supermarket operator
DoubleDragon expects P18-B revenue from 5 hotel projects
DoubleDragon Properties Corp. expects to generate P18.14 billion in revenues from the five projects of
Toyota launches P4.7-B Batangas car center
Toyota Motor Philippines Corp. (TMP) on Friday launched its P4.7-billion Batangas Vehicle Center (BVC) in
SEC studies legal status of online money-making entities
https://www.sec.gov.ph/ The Securities and Exchange Commission (SEC) is studying the legal status of online investment
Huawei sees up to P40-B revenue cut from smartphones
Multinational company Huawei Technologies Co., Ltd. on Friday said that it expects its smartphone business
BSP earnings up 250% in seven months to July
The Bangko Sentral ng Pilipinas (BSP) said its net income was P48.71 billion in the
Pag-IBIG mortgage disbursements hit P58.52 B in eight months to August
Home Development Mutual Fund, which trades under the brand Pag-IBIG, said it released P58.52 billion
China says all crypto-related transactions are illegal
Reuters China’s central bank said all cryptocurrency-related transactions are illegal and must be banned, sending
Peso weakens further on inflation fears
The peso continued to weaken against the dollar Friday on lingering inflation concerns after the
DoF wants to wean crop insurance firm off subsidies, expand coverage
BLOOMBERG The Department of Finance (DoF), which is now overseeing the Philippine Crop Insurance Corp.
Power spot market price falls in first 3 weeks of September
The average spot market price fell 35% month-on-month to P3.10 per kilowatt hour (/kWh) in
Wholesale price growth of general goods hits 19-month high
Wholesale price growth of general goods hit a 19-month high in July, the Philippine Statistics
SMC, gov’t break ground on P95-B Pasig river expressway project
San Miguel Corp. (SMC) and the government broke ground on the 19.37-kilometer Pasig River Expressway
Shares rise as BSP keeps rates unchanged
COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. LOCAL shares ended higher on Friday as the country’s
Twitter announces monetization features, including crypto tips
FREEPIK Twitter is rolling out a Tips feature that lets users send and receive one-time
South Korea reports record daily COVID-19 cases; planning how to live with COVID-19
A MAN walks along a nearly empty street in Seoul, South Korea, July 12. —