Peso slips to record-low P59 on hawkish Fed cut
BW FILE PHOTOBy Aaron Michael C. Sy, ReporterTHE PESO sank to the all-time low of P59 against the US dollar anew on Thursday, following the US Federal Reserve’s hawkish cut.The local unit closed at P59 per dollar on Thursday, weakening
Limited quantity of new polymer notes out next week
The First Philippine Polymer Banknote Series is composed of the 1000-piso polymer banknote, as well as new polymer denominations: 500-, 100-, and 50-piso. — COURTESY OF THE BANGKO SENTRAL NG PILIPINASTHE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday unveiled its
Empowering modern living through cars
Cars have evolved far beyond simple transportation tools to symbols of identity and lifestyle. A study published in the open-access journal Transport Reviews said that the decision to purchase a car and the type of vehicle selected are influenced by
BoI exceeds investment approvals target
WORLDBANK.ORGTHE BOARD of Investments (BoI) approved P1.62 trillion worth of investment pledges this year, the highest level in 57 years. The Department of Trade and Industry (DTI) in a statement on Thursday said the agency surpassed its investment target for
Toyota Motor Philippines and Ernie Gawilan lead ‘Start Your Impossible’ National Coastal Cleanup and Mangrove Planting Day
Ernie Gawilan takes a group photo with volunteers from Toyota Motor Philippines, Toyota Davao group and representatives from Samal’s City Environment and Natural Resources Office.Filipino paralympic swimmer pushes for cleaner waters through collective action from volunteers from all over the
Making sustainable lifestyle possible on the road
Photo from FreepikDepending on its form or function, an automobile enables and exhibits whether a motorist embraces a practical lifestyle or a sophisticated one. In an aim to make it easier for people to get from one place to another,
Gov’t initiatives seen to boost Islamic finance
BW FILE PHOTOTHE PHILIPPINE Islamic finance sector is expected to expand further on the back of government and regulatory support and growing demand for related products, Fitch Ratings said.“Government initiatives to develop the Islamic finance industry in the Philippines are
Immersive exhibit engages K-pop fans
1 of 2THE K-POP community has spread across the globe, resulting in immersive experiences by the likes of Korean online media outlet Dispatch, which help fans from all corners celebrate their love for K-pop.Following runs in Tokyo, Seoul, Jakarta, and
Ferronoux board OKs Eagle 1, Themis deals, paving way for backdoor listing
BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterTHE BOARD of listed investment holding company Ferronoux Holdings, Inc. has approved major transactions, including a P4.31-billion property-for-share swap with Eagle 1 Landholdings, Inc. and the issuance of 240-million shares to Themis Group
PBBM conducts aerial inspection of the damage caused by Typhoon Pepito in Catanduanes
President Ferdinand R. Marcos, Jr., together with Catanduanes Governor Joseph Cua, conducted an aerial inspection in Catanduanes to assess the extent of the damage caused by Super-Typhoon Pepito and to identify the needs of the affected areas.Spotlight is BusinessWorld’s sponsored