PH, EU sign 60-M euro Green Economy Program

The European Union (EU) and the Philippines signed on Wednesday a 60-million-euro Financing Agreement for the Green Economy Program, the EU Commission and the Department of Finance (DOF) said. In a statement, the EU Commission said the agreement signe…

Stocks snap 5-day losing streak, peso ends sideways

The benchmark Philippine Stock Exchange index (PSEi) rebounded on Wednesday after five straight days of losses, while the peso closed sideways. The PSEi rose by 0.25 percent or 14.78 points to 6,054.83, with broader All Shares also went up by 0.13 per…

Electronics firms maintain $49-B export target for 2023

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) on Wednesday said that while electronics exports will be flat this year, this is still “remarkable” given the slowdown in the global economy and geopolitical tens…