BSP sets cap on credit card charges
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Credit card issuers can no longer charge interest rates of more than 2% a month or a total of 24% a year…
Converge ICT's IPO gets regulator approval
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INTERNET provider Converge ICT Solutions, Inc.’s initial public offering (IPO), which may raise up to P41.55 billion, has received the go signal…
S&P sees PHL economy performing worst in SE Asia
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The Philippines is projected to have the worst-performing economy in Southeast Asia this year, as coronavirus disease 2019 infections continue to rise….
Business expectations survey (Q3 2020)
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CONFIDENCE among Filipino consumers fell to a record low in the third quarter, while businesses were at their most pessimistic in over…
Consumer confidence plummets to record low
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Consumer confidence reached a record low in the third quarter, while business sentiment was at its most pessimistic in over 11 years…
AMRO downgrades already gloomy outlook for ASEAN+3 economies for 2020
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S&P GLOBAL RATINGS expects the Philippine economy to shrink by 9.5% this year — the worst in Southeast Asia, due to the…
Yuan decouples from Asian peers as two-speed recovery takes hold
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REUTERS COUNTING on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link…
Lopez steps down from ABS-CBN, other firms
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BW FILE PHOTO ABS-CBN Corp. announced Thursday the resignation of its chairman emeritus and director, Eugenio Gabriel “Gabby” L. Lopez III, more…
Malampaya extension plan still a go if operator exits -- Cusi
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Energy Secretary Alfonso G. Cusi — PHILSTAR THE consortium involved in developing the country’s sole natural gas field will still proceed in…
Want people to watch your ad? Don't mention COVID
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NIKE’s ad titled You Can’t Stop Us, which featured existing videos of athletes and how they can’t be stopped and that every…