Philippine Stock Market Rises on Possible BSP Rate Cut, Peso Flat

Manila: The Philippine Stock Exchange index (PSEi) surged by 1.31 percent to close at 7,458.74 on Thursday, as the Bangko Sentral ng Pilipinas (BSP) indicated the possibility of a policy rate cut in the fourth quarter of the year. The broader All Shar…

LTO Chief Warns Employees Against Colluding with Fixers

Manila: Land Transportation Office (LTO) Chief, Assistant Secretary Vigor Mendoza II, issued a stern warning to LTO employees, stating that any involvement in colluding with fixers will result in administrative sanctions, including possible dismissal …