Advertisements


Peso down at ₱53.23:$1

Peso down at ₱53.23:$1.....»»

Category: entertainmentSource: pep pepJun 13th, 2018

Water rates to go up in January

CUSTOMERS served by Metro Manila’s two water concessionaires will notice a slight increase in their bills starting Jan. 1, after the Metropolitan Waterworks and Sewerage System (MWSS) approved rate adjustments based on inflation and the movement of the peso against the US dollar......»»

Category: newsSource:  bworldonlineRelated NewsDec 14th, 2018

Peso plunges to one-month low on BSP decision

THE PESO slipped to a one-month low on Friday, reacting to the central bank’s decision to keep rates steady and as the dollar picked up across the board in reaction to events in China and Europe......»»

Category: financeSource:  bworldonlineRelated NewsDec 14th, 2018

LIST: Over 40 face drug charges for multibillion-peso shabu shipments

MANILA, Philippines – The Philippine Drug Enforcement Agency (PDEA) has filed criminal cases before the Department of Justice against over 40 personalities linked to the importation of multibillion-peso shabu (methamphetamine) shipments in 2018. Consisting of former and current law enforcers, Bureau of Customs and importing employees, as well as suspected ........»»

Category: newsSource:  rapplerRelated NewsDec 13th, 2018

Ayala firms dominate bond market

Conglomerate Ayala Corp. has breached the P200-billion mark in the value of bonds listed on the local fixed-income trading platform, accounting for about a fifth of total bond listing in this market.   Recently, the Ayalas' banking arm Bank of the Philippine Islands listed P25 billion worth of bonds on the Philippine Dealing and Exchange Corp. (PDEx), bringing the total local peso bond market to the trillion-peso level.   "Ayala has been a beneficiary of the country's significant economic growth. This has served as a catalyst for us to unlock many opportunities and push us to develop new ideas to incubate new businesses, and to explore prospects for disruptive innov...Keep on reading: Ayala firms dominate bond market.....»»

Category: newsSource:  inquirerRelated NewsDec 12th, 2018

Lacson welcomes fresh allegations of budget realignments

After exposing the multibillion-peso pork in the proposed P3.8-trillion budget for 2019, Sen. Panfilo Lacson said he was "enjoying" the emergence of fresh allegations that more lawmakers had been given even bigger allocations for their districts and that a favored contractor cornered prime government projects.   Lacson said these indicated that more people were watching the budget process now.   "Let's put it this way: I'm enjoying this. Wasn't I asked before if what I'm doing was useless, if I'm just tiring myself out?" he told reporters.   "I said then that it would be enough if they become conscious that there is a vanguard or watchdog for the tinkerin...Keep on reading: Lacson welcomes fresh allegations of budget realignments.....»»

Category: newsSource:  inquirerRelated NewsDec 12th, 2018

Former PDEA exec linked to shabu missing for 2 months now

MANILA, Philippines – Ismael Fajardo , the Philippine Drug Enforcement Agency's top 2 official sacked after being linked to recent multibillion-peso shabu (methamphetamine) shipments, has been missing for two months already. This was confirmed by his former boss PDEA chief Director General Aaron Aquino during a press conference at their ........»»

Category: newsSource:  rapplerRelated NewsDec 12th, 2018

CPPO Nets 167 People, P1.3-M Worth of Drugs Nabbed

167 persons were arrested and over a million peso worth of drugs was nabbed in the Synchronized Enhanced Managing Police Operations (SEMPO) of the Cebu Provincial Police Office (CPPO). The two-day SEMPO was participated by different police stations in Cebu Province, resulting in the arrest of three of the most wanted personalities in Carcar, Toledo […].....»»

Category: newsSource:  metrocebuRelated NewsDec 12th, 2018

HE said — SHE said

Greasy pork II Like a touring rock star, Bong Revilla met his crowd with the widest of smiles, his arms spread eagle to rival those of Freddie Mercury’s in Live Aid. He has reasons to feel ecstatic. He had gotten away from a long jail term after his acquittal by the Sandiganbayan of a multimillion-peso […].....»»

Category: newsSource:  tribuneRelated NewsDec 11th, 2018

Andaya grills Diokno over P75-B ‘insertion’ in DPWH budget for 2019

MANILA, Philippines – A heated exchange erupted at the Batasang Pambansa after House Majority Leader Rolando Andaya Jr quizzed Budget Secretary Benjamin Diokno about the alleged multi-billion-peso allocations that the latter’s department “inserted” into the proposed P3.757-trillion budget for 2019.  Andaya was interpellating the Department of Budget and ........»»

Category: newsSource:  rapplerRelated NewsDec 11th, 2018

Peso inches up vs dollar

THE PESO strengthened slightly versus the dollar even as the country posted its widest trade deficit in October......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2018

130 hired-on-the-spot at PESO job fair

By: Gail T. Momblan A TOTAL of 130 applicants were hired-on-the-spot during the Provincial Employment Services Office’s (PESO) job fair on Dec 7 and 8, 2018. PESO-Iloilo Chief Francisco Heler said that applicants who were hired-on-the-spot secured jobs in malls, supermarkets, pharmacy, food stalls, Business Process Outsourcing and even overseas posts. All in all, 2, 346 job seekers […] The post 130 hired-on-the-spot at PESO job fair appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsDec 11th, 2018

State of the Philippine office market: 2018-2023

THE Philippine business process outsourcing (BPO) industry is headed toward a resurgence in 2019, as the rise in wages in the United States coupled by the weaker peso are encouraging multinational firms to move back to the country......»»

Category: financeSource:  bworldonlineRelated NewsDec 10th, 2018

BPO industry poised for rebound

THE Philippine business process outsourcing (BPO) industry is headed toward a resurgence in 2019, as the rise in wages in the United States coupled by the weaker peso are encouraging multinational firms to move back to the country......»»

Category: financeSource:  bworldonlineRelated NewsDec 10th, 2018

Peso rediscount loans surge to P57 billion

Rediscount loans extended to local banks to finance the expansion needs of businesses and households hit a record P56.82 billion from January to November amid the series of interest rate hikes by the Bangko Sentral ng Pilipinas to check rising inflation......»»

Category: financeSource:  philstarRelated NewsDec 10th, 2018

Acer joins Shopee with 12-peso laptops

Acer joins Shopee with 12-peso laptops.....»»

Category: techSource:  thestandardRelated NewsDec 9th, 2018

De Lima: Revilla s acquittal sends wrong signal

MANILA, Philippines – Detained opposition Senator Leila de Lima on Saturday, December 8, expressed disbelief over the recent decision of the anti-graft court Sandiganbayan to acquit former senator Ramon "Bong" Revilla Jr of plunder charges related to the multi-billion-peso pork barrel scam . De Lima said in a statement sent from her detention cell on Saturday that the ........»»

Category: newsSource:  rapplerRelated NewsDec 8th, 2018

Philippine dollar reserves rise in November aided by strong peso |

The countrys dollar reserves rose slightly in November as the relative strength of the peso in the weeks following the central banks aggressive string of rate hikes pushed many dollar holders to liqui.....»»

Category: newsSource:  philippinetimesRelated NewsDec 8th, 2018

Sandiganbayan acquits Bong Revilla of plunder

His signatures on questionable documents may have been faked by a trusted aide and could not, by itself, be used as evidence of multimillion-peso fund misuse, the Sandiganbayan said yesterday, as it acquitted former senator Ramon “Bong” Revilla Jr. of plunder and ordered him released from police custody......»»

Category: newsSource:  philstarRelated NewsDec 7th, 2018

UnionBank lists P11 billion 2-year debt

UnionBank of the Philippines, Inc. raised P11 billion via the issue of peso notes, the proceeds of which will go towards meeting tighter liquidity requirements......»»

Category: newsSource:  bworldonlineRelated NewsDec 7th, 2018

Palace sees improved business, consumer confidence in coming months despite Q4 drop

  MANILA, Philippines - Malacaang assured the public on Friday that the government was addressing the issues on inflation, weakening peso and higher interest rates among others, which contributed to the decline in business confidence in the country.   The Bangko Sentral ng Pilipinas has reported on Thursday that business and consumer confidence in the country continued to weaken in the fourth quarter of 2018.   The BSP said among the factors that contributed to the less optimistic outlook were soaring inflation, weakening peso, higher interest rates, lower volume of sales and orders and lack of raw materials supply.   "The public should understand...Keep on reading: Palace sees improved business, consumer confidence in coming months despite Q4 drop.....»»

Category: newsSource:  inquirerRelated NewsDec 7th, 2018