Top News
Fed’s Powell: higher rates may be needed, will move ‘carefully’
The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy.
Asia’s worries over currency volatility get in the way of rate cuts
A spurt in the U.S. dollar and China's defense of the yuan are forcing Asian central banks to step up interventions in their weakening...
Oil heads for weekly fall on demand worries, dollar strength
Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.
LTFRB lifts ban on sale of CPCs
THE Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday announced the lifting the prohibition on the sale and transfer of Certificates of Public Convenience (CPC) for Public Utility Vehicles (PUVs).
DOTr finally rolls out single-stage bid process for NAIA
The government on Wednesday rolled out a single-stage bidding process to rehabilitate, optimize and maintain the Ninoy Aquino International Airport (NAIA), the country's main international gateway.
