Filipina boxer Nesthy Petecio reacts after winning her fight against Irma Testa of Italy at the Tokyo Olympic Games, July 30. — REUTERS/Ueslei Marcelino Another Olympic gold medal for the Philippines is within reach after featherweight boxer Nesthy A. Petecio secured a spot in the finals at the Tokyo Olympic Games on Saturday. Ms. Petecio, […]Read More

Filipino flyweight boxer Carlo Paalam advanced to the quarterfinals in the Tokyo Olympic Games after he defeated Mohamed Flissi of Algeria by unanimous decision in the Round of 16 on Saturday. — One Sports Filipino flyweight boxer Carlo Paalam advanced to the quarterfinals of the flyweight division in the Tokyo Olympic Games after he defeated […]Read More

Ernest John U. Obiena advanced to the men’s pole vault finals at the Tokyo Olympic Games, which will be held on Aug. 3. — File photo Filipino pole vaulter Ernest John Obiena advanced to the final round of the men’s event in the Tokyo Olympic Games after finishing among the top 12 in qualification action […]Read More

PHILIPPINE STAR/ MICHAEL VARCAS Manila and nearby cities would go back to the strictest lockdown level from Aug. 6 to 20 amid a fresh surge in coronavirus infections that may have been spurred by a more contagious Delta variant. The presidential palace announced the decision as the Department of Health (DoH) reported 8,562 COVID-19 infections […]Read More

The Philippine central bank will keep a supportive monetary policy amid a slower-than-anticipated economic recovery, its governor said on Friday. “High-frequency indicators suggest that the economy is gradually recovering from the adverse effects of the pandemic, but it would appear that the recovery is slower than anticipated,” Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. […]Read More

BW FILE PHOTO The Philippine central bank raised P100 billion on Friday as it fully awarded its short-term securities, with yields rising due to concerns about a looming strict lockdown in the capital region. The 28-day securities of the Bangko Sentral ng Pilipinas (BSP) were oversubscribed as it fetched bids worth 117.75 billion. But demand […]Read More

BW FILE PHOTO The Philippine central bank raised P100 billion on Friday as it fully awarded its short-term securities, with yields rising due to concerns about a looming strict lockdown in the capital region. The 28-day securities of the Bangko Sentral ng Pilipinas (BSP) were oversubscribed as it fetched bids worth 117.75 billion. But demand […]Read More

The Securities and Exchange Commission (SEC) on Friday launched a new office under its Corporate Governance and Finance Department (CGFD) that will focus on regulating the use of financial technology (fintech) within the country. “The commission has supported new and emerging business concepts while taking a proactive stance against any excessive risk buildup to ensure […]Read More

Consumer foods maker Universal Robina Corp. said on Friday that its snacks and biscuits joint venture based in Australia and New Zealand is to be fully owned by its partner Intersnack Group. “We are pleased to be handing full stewardship of these strong businesses to our partner Intersnack, while we continue to focus on other […]Read More

PHILEX MINING Corp. reported an 86% increase in its second-quarter net income to P599.53 million on the back of sustained levels of metal output and higher revenues. The listed mining company also said in a stock exchange disclosure on Friday that its revenues for the April-to-June period rose 21% to P2.38 billion. Operating costs and […]Read More