First Gen unit to power Hocheng Philippines

LOPEZ-led First Gen Corp. announced on Monday that it will power Hocheng Philippines Corp. through its renewable energy arm, Energy Development Corp. (EDC). In a statement, EDC said that Hocheng Philippines, a bathroom solutions provider, will continue its commitment to cleaner energy by renewing its power supply deal with EDC for its 850-kilowatt power demand. […]

Stocks decline on profit-taking before key data

PHILIPPINE STOCKS dropped on Monday, with the benchmark index settling below 7,000 on profit-taking as investors await the release of key economic data at home and in the United States. The bellwether Philippine Stock Exchange index (PSEi) went down by 90.77 points or 1.29% to close at 6,936.61 on Monday, while the broader all shares […]

Stocks decline on profit-taking before key data

PHILIPPINE STOCKS dropped on Monday, with the benchmark index settling below 7,000 on profit-taking as investors await the release of key economic data at home and in the United States. The bellwether Philippine Stock Exchange index (PSEi) went down by 90.77 points or 1.29% to close at 6,936.61 on Monday, while the broader all shares […]

Stocks decline on profit-taking before key data

PHILIPPINE STOCKS dropped on Monday, with the benchmark index settling below 7,000 on profit-taking as investors await the release of key economic data at home and in the United States. The bellwether Philippine Stock Exchange index (PSEi) went down by 90.77 points or 1.29% to close at 6,936.61 on Monday, while the broader all shares […]

Stocks decline on profit-taking before key data

PHILIPPINE STOCKS dropped on Monday, with the benchmark index settling below 7,000 on profit-taking as investors await the release of key economic data at home and in the United States. The bellwether Philippine Stock Exchange index (PSEi) went down by 90.77 points or 1.29% to close at 6,936.61 on Monday, while the broader all shares […]

Peso down vs dollar on strong job data

BW FILE PHOTO THE PESO slumped against the dollar on Monday following the release of stronger-than-expected US labor data. The local currency closed at P54.39 versus the greenback on Monday, declining by 71 centavos from Friday’s P53.68 finish, data from the Bankers Association of the Philippines showed. The peso opened Monday’s trading session at P54.15 […]

Peso down vs dollar on strong job data

BW FILE PHOTO THE PESO slumped against the dollar on Monday following the release of stronger-than-expected US labor data. The local currency closed at P54.39 versus the greenback on Monday, declining by 71 centavos from Friday’s P53.68 finish, data from the Bankers Association of the Philippines showed. The peso opened Monday’s trading session at P54.15 […]

Peso down vs dollar on strong job data

BW FILE PHOTO THE PESO slumped against the dollar on Monday following the release of stronger-than-expected US labor data. The local currency closed at P54.39 versus the greenback on Monday, declining by 71 centavos from Friday’s P53.68 finish, data from the Bankers Association of the Philippines showed. The peso opened Monday’s trading session at P54.15 […]

Peso down vs dollar on strong job data

BW FILE PHOTO THE PESO slumped against the dollar on Monday following the release of stronger-than-expected US labor data. The local currency closed at P54.39 versus the greenback on Monday, declining by 71 centavos from Friday’s P53.68 finish, data from the Bankers Association of the Philippines showed. The peso opened Monday’s trading session at P54.15 […]

‘Costly’ missed opportunities from RCEP delay

PHILSTAR FILE PHOTO THE Department of Trade and Industry (DTI) said the Philippines cannot afford further delay in joining the Regional Comprehensive Economic Partnership (RCEP) trade agreement. “The Philippines is the remaining signatory state that has yet to participate in this important trade deal, and this time the Philippines cannot afford not to join. It […]