MANILA – Growth of inflows from overseas Filipino workers (OFWs) will be driven by the recovery of countries from another period of lockdowns as coronavirus disease 2019 (Covid-19) infections rise anew.... Read full article
MANILA – Local pharmaceutical firm Lloyd Laboratories Inc. (LLI) is eyeing a “fill and finish” operation for a new Chinese vaccine against coronavirus disease (Covid-19) that is still undergoing clinical trials.... Read full article
MANILA – Positive sentiments continued to buoy the local bourse on Thursday, and this benefited the local currency as well after it again touched the 50-level against the US dollar. ... Read full article
MANILA – An analyst has forecast the Philippine peso’s 2022 performance to be driven by changes in the Federal Reserve’s policy rates instead of trade developments, just like what happened last year. ... Read full article
MANILA – The government’s vaccination program against the coronavirus disease 2019 (Covid-19) is helping the economy amidst another surge of infections, an official of First Metro Investment Corporation (FMIC) said. ... Read full article
ISTANBUL – As global markets try to rebalance after uncertainty due to the US Federal Reserve's (Fed) signals for earlier interest rate hikes, investors and analysts have set their eyes on speeches by Fed officials, including Chairman Jerome Powell.... Read full article
MANILA – The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metr... Read full article
MANILA – Finance Secretary Carlos Dominguez III lauded President Rodrigo Roa Duterte and Congress for the enactment into law of a measure backed by the Department of Finance (DOF) that seeks to further liberalize the Philippine economy ... Read full article
MANILA – A local pharmaceutical company is eyeing the manufacture of Molnupiravir, an oral medicine said to reduce severe symptoms of Covid-19, Department of Trade and Industry (DTI) Secretary Ramon Lopez said.... Read full article