Too soon to cut rates, BSP chief says

MANILA, March 6 -- Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said it is too early to cut key rates even if fresh inflation data remains within the government target and the forecast ... Read More

Shares decline after release of inflation data, peso ends sideways

MANILA, March 5 -- Local shares declined on Tuesday following the inflation report for February 2024, while the peso closed sideways. The Philippine Stock Exchange index (PSEi) ended the day down by ... Read More

Decathlon sees PH as emerging market

MANILA, March 5 -- Global sports brand Decathlon has seen the Philippines as an emerging market for sports wearable and equipment. France-based Decathlon is expanding in the Philippines with the open... Read More

Stocks slip on profit-taking, peso ends sideways

MANILA, March 1 -- The Philippine Stock Exchange index (PSEi) on Friday closed in the negative territory on profit-taking after it traded above 7,000-level, while the peso ended sideways against the g... Read More

PH manufacturing PMI continues to rise in February 2024

MANILA, March 1 -- The Philippines manufacturing purchasing managers index (PMI) for February 2024 continued to post improvement, the S&P Global reported Friday. S&P Global said the country's manufac... Read More

LPG prices sustain price hike in March

MANILA, March 1 -- Companies announced that prices of liquefied petroleum gas (LPG) continued to increase for three consecutive months of the year. In separate advisories, Petron Corporation said its... Read More

PH top food ingredients, oleochemical producer to expand export market

MANILA, Feb. 29 -- The country's top manufacturer of food ingredients and oleochemicals is eyeing to expand its export market as it sees market volatility easing this year. In a virtual press briefi... Read More

Puregold to hold monthly discount promo on basic goods

MANILA, Feb. 29 -- Supermarket chain operator Puregold Price Club, Inc. will hold a discount promotion every first day of the month to soften the effects of increasing prices of basic goods on Filipin... Read More

Dubai-based logistics firm eyes investments in PH

MANILA, Feb. 27 -- Dubai-based logistics company DP World has expressed interest in putting up a logistics hub and an industrial park in the Philippines, the Department of Trade and Industry (DTI) sai... Read More

Movate eyes to double growth in PH in 3 years

ANTIPOLO CITY, Feb. 22 -- Digital technology and customer experience (CX) services provider Movate, Inc., formerly CSS Corp., is targeting to double the size of its business in the Philippines within ... Read More

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