S. Korea, US extend $60b currency swap deal by 6 months amid pandemic
(Yonhap) SEOUL — South Korea and the United States have agreed to extend a $60 billion bilateral currency swap agreement by six months in an effort to help ease lingering…
Unilever to donate 1M worth of hygiene products across PH
Unilever Philippines is donating one million Lifebuoy hygiene products to different communities in need across the country. In an official statement posted on the company’s website in June, Unilever PH…
Asian stocks gain after Fed keep US interest rates low
BEIJING — Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. A currency trader walks near the screen showing the…
Wall Street rallies as Fed keeps rates pinned at record low
NEW YORK — Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its best day in two weeks after the Federal Reserve kept the accelerator floored on…
House panel OKs VAT for online goods, services
MANILA, Philippines — Netflix and Spotify subscribers as well as Amazon, Lazada and Shopee customers may soon have to pay more for these digital platforms’ products and services should the…
Ecozone job vacancies top 40,000
The Philippine Economic Zone Authority (Peza) has launched an online job expo offering more than 40,000 openings across the country and included work-from-home call center positions. The move is aimed…
Shutdown threats aside, Smart begins rolling out 5G promise
Industry giant PLDT Inc.’s Smart Communications is joining the 5G arena with commercial services going live on Thursday in key parts of Metro Manila.5G is the next generation mobile standard…
PSEi inches up as selling pressure eases
The local stock barometer firmed up on Wednesday but liquidity further dried up with the ongoing initial public offering (IPO) of the country’s first real estate investment trust (REIT) company.…
Ayala unit takes 19.9% stake in Australian energy firm
Ayala-controlled UAC Energy Holdings Pty Ltd. settled for a 19.9-percent interest in Australian renewables firm Infigen Energy Ltd. as it bowed out of a takeover bidding war against a unit…
DOF confident Create to be approved soon
With President Duterte’s backing, the Department of Finance (DOF) on Tuesday expressed confidence that Congress would soon pass the second tax reform package aimed at providing relief to businesses struggling…