PSE index lower ahead of Eid’l Fitr holiday on Monday
May 22, 2020
The Philippine Stock Exchange (PSE) closed lower on Friday. The peso settled at P50.7 against the US dollar from P50.61 on Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $675.1 million from $778.6
DOTr, LTFRB implement cashless transactions in taxis, TNVS; tie up with GCash for digital fare payment scheme
May 22, 2020
Digital payments will now be a part of the “new normal” when paying for taxi and transport network vehicle service (TNVS) fares, as the Department of Transportation (DOTr) – Land Transportation Franchising and Regulatory Board (LTFRB) partner with various digital
PSE index ends lower
May 21, 2020
The Philippine Stock Exchange ( PSE) index ended lower on Thursday. The peso closed at P50.61 against the US dollar from P50.65 on Wednesday. Volume reached $778.6 million from $919.26 million on the previous day. The PSE index settled at
PSE index ends higher
May 20, 2020
The Philippine Stock Exchange (PSE) index closed higher on Wednesday. The peso closed at P50.65 against the US dollar from P50.70. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $919.20 milion from $567.80 million.
Gov’t eyes stimulus package of up to P80 billion for MSMEs
May 20, 2020
The Philippine government is eyeing up to P80 billion stimulus package to assist micro, small and medium enterprises, which have been greatly affected by the lockdown due to coronavirus disease pandemic. In a meeting with President Rodrigo Duterte, which was
PCCI executive optimistic on Philippine BPO despite work-from-home scheme
May 19, 2020
Philippine Chamber of Commerce and Industry (PCCI) President Benedicto Yujuico expressed optimism on Tuesday that the business process outsourcing in the country would return to where it was prior to the government’s enforcement of the enhanced community quarantine due to
House to proceed with hearings granting ABS-CBN franchise
May 19, 2020
The House of Representatives will forego granting a provisional franchise to ABS-CBN and will hold hearings to discuss the renewal of the broadcast firm’s 25-year franchise. In its Twitter account on Tuesday, the House of Representatives, quoting Speaker Alan Peter
BIR, BOC collections dip further in April amid pandemic
May 19, 2020
Total collections of the Bureau of Internal Revenue (BIR) from January 1 to April 30 this year dived further to P527.41 billion, which is P179.37 billion or 25.4 percent below what it collected for the same period last year, as
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