Peso drops on Powell hints, wage hike risks
BW FILE PHOTOTHE PESO weakened anew versus the greenback on Monday following hawkish signals from the US Federal Reserve and due to inflation risks amid wage hikes.The local unit closed at P52.493 per dollar on Monday, shedding 4.3 centavos from
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Ex-PCGG chief dared to sue over Picasso painting
SCREENSHOT FROM THE KINGMAKERPRESUMPTIVE president Ferdinand “Bongbong” R. Marcos, Jr.’s spokesman on Monday dared the former head of a government commission tasked to go after ill-gotten assets of the late dictator and his cronies to file a case over a
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DoH says more than 1,000 Filipinos got COVID in past week
PHILIPPINE STAR/ MICHAEL VARCASPHILIPPINE health authorities on Monday reported 1,118 coronavirus infections for May 9 to 15, 14 of which were severe and critical cases.There were 16 more deaths, 12 of which occurred this month and four in April, the
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PHL seen facing risk of imported inflation as currency weakens
PHILIPPINE STAR/ MICHAEL VARCAS THE PHILIPPINES is among those economies exposed to a heightened risk of imported inflation due to its depreciating currency, according to Nomura Global Markets Research.“(I)nflation is already above central bank targets in four economies (India, South Korea,
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EO to establish MSME franchise holder registry
PHILSTAR FILE PHOTOPRESIDENT Rodrigo R. Duterte has signed an executive order (EO) setting up a registry for franchise holders officially classified as micro-, small-, and medium-sized enterprises (MSMEs), in order to better track and regulate franchising activity.The Palace said in
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