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Peso slips vs dollar on mixed data - BusinessWorld OnlineTHE PESO slipped against the dollar on Tuesday amid reduced flows after the holidays and mixed economic data. The local currency closed at P55.79 versus the greenback on Tuesday, inching down by 3.5 centavos from Dec. 29’s close of P55.755, data from the Bankers Association of the Philippines showed. The peso opened Tuesday’s trading session […]
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Delivery riders’ union stages protest on bargaining power - BusinessWorld OnlineA UNION of delivery riders on Tuesday staged a protest against the Labor department’s decision prohibiting it from bargaining with its employer, according to a labor group. In a statement, the Bukluran ng Manggagawang Pilipino said delivery riders and other labor groups called for the Department of Labor and Employment (DoLE) to address the plight […]
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Marcos, Xi to discuss trade and security issues - BusinessWorld OnlinePHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday said he aims to boost cooperation with China on agriculture, trade and industry, energy and regional security issues when he meets with his Chinese counterpart during his three-day state visit. “I look forward to discussing regional security issues and problems that do not belong to two friends […]
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More senators eye probe of air traffic glitch as operations go back to normal - BusinessWorld OnlineRESOLUTIONS seeking to probe the technical problem in the Philippines’ air traffic management system on New Year’s Day have been filed even as the aviation regulator on Tuesday said flight operations at Manila’s international airport and those in the province were back to normal.
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Comelec moves election summit to March - BusinessWorld OnlineTHE COMMISSION on Elections (Comelec) has moved the planned National Election Summit to March to give way to the special election in Cavite, an official announced on Tuesday. At a press briefing streamed on Facebook, Comelec Executive Director Teopisto E. Elnas, Jr. said 27 activities have been conducted to prepare for the summit as the […]
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Solon calls for suspension of SSS, PAG-IBIG rate hike after PhilHealth - BusinessWorld OnlineAN OPPOSITION lawmaker on Tuesday called on Malacañang to suspend the scheduled contribution rate hikes for the private sector pension fund and the shelter financing fund, following the deferment of health insurance contribution increase. House Deputy Minority Leader Rep. France L. Castro said the Social Security System (SSS) and the Home Development Mutual Fund or […]
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