Stocks may extend climb on slower Sept. inflation
BW FILE PHOTOPHILIPPINE SHARES may climb further this week after September headline inflation settled below 2% for the first time in over four years, bolstering bets of further interest rate cuts by the Bangko Sentral ng Pilipinas (BSP).On Friday, the
Peso may stay at P56 level as US data dampen hopes of big Fed rate cut
BW FILE PHOTOTHE PESO may stay at the P56-per-dollar level this week after strong US jobs data tempered market expectations of large rate cuts by the US Federal Reserve.The local unit closed at P56.295 per dollar on Friday, strengthening by
PHL hoping to wrap up CEPA talks with UAE by early Nov.
REUTERSTHE PHILIPPINES is hoping to conclude negotiations for the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE) by early November, the Department of Trade and Industry (DTI) said.“We want to conclude negotiations by the end of October
DPWH put on notice to improve spending
DPWHTHE Department of Public Works and Highways (DPWH) has been asked to adopt catch-up measures after failing to meet spending targets for its key programs, the Department of Budget and Management (DBM) said.In its mid-year report, the DBM flagged the
UK offshore wind industry ready to advise Philippines
REUTERSTHE UK is open to working closely with the Philippines in developing its offshore wind resources, noting the country’s many high-potential sites.British Deputy Ambassador to the Philippines Alistair White said on the sidelines of a conference last week that “the