Markets
SEC banishes Binance from PH, saying Pinoys have time left to exit and reposition portfolio
The Securities and Exchange Commission (SEC) has effectively banished the cryptocurrency giant Binance from the Philippines as its online presence has been blocked by the National Telecommunications Commission (NTC).
House passes PSAC-backed priority bills
A number of legislative proposals addressing the country’s socioeconomic priorities have been passed at the House of Representatives. Tagged as priority bills by President Ferdinand Marcos Jr.’s advisors, and backed by the Private Sector Advisory Council (PSAC), these bills are one step closer to becoming law ahead of the House’s June 2024 deadline for priority proposals.
Gold set for first weekly dip in four amid US inflation heat
Gold eked out gains on Friday but was set for its first weekly drop in four weeks, as surprisingly hot U.S. inflation readings prompted traders to re-think on how swiftly and deeply the Federal Reserve could cut interest rates.
Presidential Trade and Investment Mission aims to deepen US investment in PH
Top US companies and organizations visited the country during the first Presidential Trade and Investment Mission (PTIM) to the Philippines from March 11-12.
Vita Coco and Century Pacific enter into new long-term agreement
Century Pacific Food, Inc., one of the lead food companies in the Philippines, enters into a new long-term contract with The Vita Coco Company, Inc.,...
