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Gov’t nearly balanced budget as it spent less in July

The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila. INQUIRER FILE PHOTO

The government failed to sustain the rise in spending in July, fueling concerns over the state’s ability to boost growth amid climbing interest rates and rising consumer prices.

Posted: August 30th, 2014 in Headlines,Latest Business Stories,Money | Read More »

Peso may fall to P46 against US dollar by end of 2014—UBS

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AFP file photo

The peso might depreciate to the 46 level against the US dollar by this yearend and further to 47 by the end of 2015 due to a “pretty loose” local monetary policy, the bottoming out of US interest rates and some oil price pressures, an economist from Swiss investment bank said.

Posted: June 23rd, 2014 in Latest Business Stories,Money | Read More »

The year that was

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It’s Christmas Day and in just a week, we can officially say goodbye to 2013. It is thus an opportune time to do a recap of the year that was, and may I say that this year has been a truly eventful one, to say the least.

Posted: December 24th, 2013 in Columnists,Headlines,Inquirer Columns,Money | Read More »

Solons seek to regulate ATM fees

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ATM

Lawmakers have filed a bill seeking to standardize rates of automated teller machine (ATM) transaction charges.

Posted: September 29th, 2013 in Latest Business Stories,Money | Read More »

Latvia gets green light to become 18th eurozone member

AP FILE PHOTO

The tiny Baltic state of Latvia received the green light from its European partners Tuesday to become the 18th member of the eurozone from next year.

Posted: July 9th, 2013 in Latest Business Stories,Money | Read More »

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