Day: October 28, 2020

PH economy likely rebounded in Q3

The Philippine economy could have rebounded in the third quarter of 2020, but state-imposed physical distancing measures would continue to weigh on its recovery from the coronavirus disease 2019 (Covid-19) pandemic, according to Capital Economics. It will be more convenient to ensure that the scaffolding requirements of construction projects are handled by a reliable partner […]

World Bank OKs $88-M loan for BoC upgrade

The World Bank approved on Wednesday a $88.28-million (around P4.2 billion) loan for the Philippine Customs Modernization Project to improve the Bureau of Customs’ (BoC) administration, reduce transaction costs, and enhance the predictability and transparency of the clearance process. The World Bank headquarters in Washington, D.C. (Photo by Shiny Things via Wikimedia Commons) In a […]

Strengthening resilience at the Bank of China

A Bank of China employee attends to a client during the coronavirus pandemic. CONTRIBUTED PHOTO First of three parts The fast spread of the coronavirus caused an alarming health crisis that the world is struggling with. Aside from its impact on people’s health, there is a significant effect on countries, governments, businesses and companies in […]

Shares slip on 2nd day of profit taking

The stock market tumbled out of the 6,400 territory on Wednesday as cautious investors continued to take in profits. The Philippine Stock Exchange index (PSEi) lost 0.58 percent or 37.29 points to close at its intraday low of 6,377.79 while the wider All Shares shed 0.26 percent or 9.82 points to finish at 3,808.29. AAA […]

DA: More pork to be shipped to Luzon this week

The Department of Agriculture (DA) and representatives of the country’s hog industry agreed to increase weekly shipments of hogs and “pork-in-a-box” from the Visayas and Mindanao to address the low supply and artificially high prices of the commodity in public markets in Metro Manila and other parts of Luzon. In a virtual meeting between DA […]

Treasury: Govt eyes to raise P140B in Nov

The government looks to raise P140 billion from local sources next month, according to a program released by the Bureau of the Treasury (BTr) on Wednesday. If followed, the program would be the same as the planned P140 billion this month. Of the amount, the government would raise P80 billion by issuing Treasury bills (T-bills) […]

“Pia Wurtzbach calls Rabiya Mateo ‘bunso’ as she welcomes her to MUP sisterhood'”

Miss Universe 2015 Pia Wurtzbach congratulated IloIlo City’s Rabiya Mateo for winning the inaugural Miss Universe Philippines pageant held last Sunday, October 25. Miss Universe 2015 Pia Wurtzbach congratulated Rabiya Mateo of IloIlo City for winning the inaugural Miss Universe Philippines pageant held Sunday, October 25, at the Baguio Country Club. Pia expressed her support […]

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