BW FILE PHOTOTHE PESO weakened against the dollar on Tuesday after a US Federal Reserve official said the central bank may hike rates by 50 basis points (bps) several times to curb rising inflation.The local unit closed at P52.37 versus

BW FILE PHOTOSHARES dropped on Tuesday as global oil prices surged after the European Union (EU) said it aims to cut oil imports from Russia by 90% by this year’s end.The benchmark Philippine Stock Exchange index (PSEi) dropped by 47.64

THE Philippine Economic Zone Authority (PEZA) said it is evaluating the government’s land holdings with the help of the Department of Environment and Natural Resources (DENR) to seek out sites with the potential to be converted into economic zones (ecozones).“We

PHILSTAR FILE PHOTOBOTH CHAMBERS of Congress ratified the bicameral report of a bill seeking to promote the creative industries by designating the Philippine Creative Industry Development Council to oversee the sector’s development.The consolidated version of Senate Bill 2455 and House

THE GOVERNMENT has awarded terminal management contracts for ports of Sasa, Pagadian, and Pasig, the Philippine Ports Authority (PPA) said.The management contract for Sasa Port in Davao was awarded to the Pasig City-based Joint Venture of GlobalPort Terminals, Inc. and