‘Guns-for-hire’ kill BFP member
MAX KLEINEN-UNSPLASHCOTABATO CITY — Gunmen brutally killed a member of the Bureau of Fire Protection (BFP) right in the premises of the fire station in Katipunan town in Zamboanga del Norte on Monday.Brig. Gen. Bowenn Joey M. Masauding, director of
Peso weakens further on cautious signals from Fed
THE PESO weakened further on Tuesday, moving closer to the P58 level, amid broad dollar strength due to cautious signals from US Federal Reserve officials and as markets await further details on China’s stimulus plans. The local unit closed at P57.865
PSEi rallies above 7,400 as market awaits rate cut
BW FILE PHOTOPHILIPPINE SHARES continued to climb on Tuesday ahead of an expected rate cut by the Bangko Sentral ng Pilipinas (BSP) and following Wall Street’s strong performance overnight.The Philippine Stock Exchange index (PSEi) rose by 1.77% or 129.90 points
PHL GDP growth seen missing official targets in 2024, 2025
PHILIPPINE STAR/RUSSELL PALMAECONOMIC GROWTH could continue to settle below the Philippine government’s targets in 2024 and 2025, Deutsche Bank Research said.“Over the past three months, Asian economies have exhibited diverse growth trends. Malaysia, Thailand, and Singapore have experienced improvement in
Trade deficit seen widening as low tariffs spur imports
REUTERSBy Beatriz Marie D. Cruz, ReporterIMPORT GROWTH driven by lower tariffs runs the risk of widening the Philippine trade deficit, putting into focus the urgency of growing exports, analysts said.“The government has reduced tariffs on many products with the objective