Gasoline prices to drop for third consecutive week
MANILA, Philippines — Oil firms are expected to implement mixed adjustments in pump prices during the third week of May.
Trade latest news
New AO aims to enhance import monitoring with electronic invoicing
MANILA, Philippines — The government will implement a digital and integrated system for pre-border technical verification and cross-border electronic invoicing of all imported commodities to speed up inspections and keep out unsafe products, Malacañang said.
Dallas rally to down Thunder, reach NBA Western Conference finals
LOS ANGELES, United States -- Luka Doncic posted a triple-double and P.J. Washington drilled the deciding free-throws as the Dallas Mavericks erased a 17-point deficit to beat Oklahoma City 117-116 to reach the NBA Western Conference finals on Saturday (Sunday, Manila time.)
Agri trade deficit narrows in Q1
TRADE in agricultural goods posted a deficit of $2.62 billion in the first three months of the year as gains in exports failed to offset a decrease in imports, the Philippine Statistics Authority (PSA) reported.
DTI eyes partnership with Qatari firm
THE Department of Trade and Industry (DTI) is eyeing a large-scale partnership with the Qatari Baladna, a Qatari agricultural firm, to boost dairy self-sufficiency in the Philippines.
Beermen survive Painters to draw first blood in PBA semis
MANILA, Philippines -- The San Miguel Beermen held on and took Game 1 over the gritty Rain or Shine Elasto Painters, 101-98, in the PBA Philippine Cup semifinals Friday at the Mall of Asia Arena in Pasay City.
SP New Energy crushed on MSCI deletion
SP New Energy [SPNEC 1.06, down 6.2%; 150% avgVol] [pdf link] fell more than 6% yesterday as traders digested the MSCI Global Small Cap review results that indicated SPNEC would be deleted from the index, effective June 3. Cebu Pacific [CEB 29.50, down 1.8%; 113% avgVol] is also scheduled for deletion from the index, while ACEN [ACEN 5.00, up 9.4%; 478% avgVol] was selected for inclusion. Aboitiz Equity Ventures [AEV 37.00, down 3.5%; 458% avgVol] was deleted from the MSCI Global Standard index.
Marcos welcomes new envoys
MANILA, Philippines — President Marcos is looking to boost ties with Belarus, Ghana, Turkmenistan, Malta, Dominican Republic and Nicaragua upon welcoming on Tuesday the countries’ new envoys in Manila.