finance

Senator Loren Legarda has filed a bill regulating the manufacturing, importation and use of single-use products by providing penalties, levies and incentives for industries and consumers.

China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries if China participated in restructuring Sri Lanka’s debt, US Treasury Secretary Janet Yellen said on Thursday.

The Philippine economy is still on track to hit the projections of the government”s economic cluster even with the most aggressive policy rate hike to date, according to the Bangko Sentral ng Pilipinas (BSP).

To sustain the momentum of the “Golden Age of Infrastructure,” Senator Mark Villar has filed a bill seeking to institutionalize the Build, Build, Build program by laying down a 30-year plan for the government’s priority projects.

The Bangko Sentral ng Pilipinas (BSP) on Thursday delivered an off-cycle policy rate hike, following the back-to-back tightening seen in the past two months.

DITO Telecommunity Corp., a venture backed by state-owned China Telecom and Davao businessman Dennis Uy, on Thursday said it had surpassed 10 million subscribers, more than a year after its commercial launch.

The Bangko Sentral ng Pilipinas” (BSP) policy-setting Monetary Board has approved the designation of PESONet and InstaPay as Prominently Important Payment Systems (PIPS).

The Bangko Sentral ng Pilipinas (BSP) on Thursday delivered a surprise policy  hike, increasing key rates by another 75 basis points a month ahead of its next scheduled meeting.

World equities wavered on Wednesday as investors digested a report showing US annual consumer prices jumped 9.1% in June -the largest increase in more than four decades – leaving Americans to dig deeper to pay for gasoline, food, healthcare and rent.

There should be a law requiring congressional approval for the sale of the Philippines’ pieces of property abroad, Ambassador to the United States Jose Manuel Romualdez said on Wednesday.