Business News
Business News
Budget use at 95% as of Aug: DBM
The cash utilization rate of government agencies is at 95 percent as of August, data released by the Department of Budget and Management (DBM)...
Business News
Consortium bags $11B Sangley airport deal
SPIA Development Consortium has secured the $11-billion contract to build and operate the Sangley Point International Airport in Cavite — a fully modernized, world-class...
Business News
Shares, peso drop; investors urged to pick resilient issues
Share prices closed down Thursday on last-minute selling due to lack of strong leads.
The peso closed lower.
Stockbroker BDO Securities meanwhile encouraged investors to look for...
Business News
P12B allotted for gov’t digitalization
The Department of Budget and Management (DBM) has proposed for a P12.47 billion allotment next year for the transformation and digitalization of government processes...
Business News
Monthly car sales back to pre-COVID level in Aug
Motor vehicle sales nearly doubled in August from the same month in 2021, breaching the 30,000 level for the first time since the pandemic...
