Japan ratified on Friday the Regional Comprehensive Economic Partnership, a mega trade agreement also involving China, Australia and the Association of Southeast Asian Nations, the Foreign Ministry said.
The Bangko Sentral ng Pilipinas (BSP) on Friday conveyed its sympathies to the family of former President Benigno Aquino III a day after his death while commending his economic legacy.
The independent Bangko Sentral ng Pilipinas (BSP) said it was President Benigno S. Aquino III who enabled the BSP to have a buffer by providing it — finally after past presidents’ inaction – to be sufficiently capitalized in 2012. “The BSP deeply appreciates President Aquino’s support for the BSP’s mandates and advocacies, especially in ensuring… Continue reading BSP credits PNoy for a strong PH central bank
Former President Benigno Aquino III will be remembered for his "good governance" leadership which led to relatively high growth rates during his term, the Philippine Retailers Association (PRA) said on Friday as the group mourned his untimely death.
The use of QR Ph has reached almost P1 billion transactions by May of this year, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. QR Ph, which is the National QR Code Standard, was just P1.036 million in November 2019 when it was first launched, pre-pandemic. “QR Ph transactions have grown to… Continue reading QR Ph transactions reach P1B
The peso closed higher at P48.481 to the US dollar Friday, (Junes 25) from P48.735 the previous day. The weighted average rate appreciated to P48.57 from P48.838. Total volume amounted to $985.2 million according to the Bankers Association of the Philippines.
Greenwhich opened its first delivery and takeout store in Las Pinas to seamlessly cater to the changing needs of consumers and serve the increase in "off-premise consumption" during the COVID-19 pandemic.
The local stock market rose as local investors continue to follow the lead of their US counterparts. The main index moved up 64.51 points or 0.94 percent to close at 6,950.51 as the Services counter led other sectors in advancing across the board. However, volume remained below average at 2.54 billion shares worth P6.55 billion… Continue reading PSEi tracks gains in US bourses
What is it like to be a seafarer during a pandemic? Unbeknownst to some, seafarers were among the economic front liners of the world, ensuring that logistics, commodities, and medicines reach countries even as sea and airports were shut down by governments to prevent the spread of the disease. Merchant mariners stood at the center… Continue reading Seafaring at the height of Covid-19
Lopez-led Energy Development Corporation (EDC) listed on Friday (June 25) with the Philippine Dealing and Exchange Corporation (PDEx) the P5.0 billion first tranche of its ASEAN green bonds. The issue, which has been oversubscribed due to buoyed interest of investors, is part of the P15 billion ASEAN green bonds shelf registration of the energy firm.… Continue reading EDC sets PDEx listing of oversubscribed P5-B green bonds