July 10, 2022
MANILA, Philippines — Manila Electric Co.’s (Meralco) electricity rates have dropped by 75 centavos per kilowatt hour (kWh) this month on lower charges from the spot market and independent power...
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants to appoint a manager who will oversee the operations of entities handling the country’s critical payment systems, in a bid...
MANILA, Philippines — A local trade association of retailers has formally petitioned the Bureau of Customs (BOC) to scrap the de minimis rules on imported…
Budget airline Cebu Pacific is placing its bets on demand for affordable flights to propel growth this year after posting lower earnings in the first…
GENEVA, Switzerland — The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that…
GENEVA, Switzerland — The United States and China on Sunday said progress had been made after a weekend of talks aimed at de-escalating trade tensions…
HONG KONG, China — Stocks rallied Monday after Chinese and US officials made “substantial progress” at trade talks in Geneva and slashed their tit-for-tat tariffs…
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants to relax the regulations covering Islamic banking to support the sector. This is seen as…
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