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Jan 25 2021 
Peso weakens on rise in new COVID cases
The peso weakened against the dollar Friday on the sustained increase in the daily tally of new coronavirus cases.
The currency closed at P48.085 to the dollar Friday, against its finish of P48.054 Thursday, according to data from the Bankers Association of the Philippines.
The peso opened at P48.07, hitting a low of P48.095. The high was…
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Jan 25 2021 
Amid rising scams, CCAP supports SIM registration
TO reduce credit card scams, an industry group is calling for the speedy approval of a bill aimed at requiring the registration of all SIM (subscriber identity module) cards used in mobile phones.
The Credit Card Association of the Philippines (CCAP) said that House Bill 7233 (SIM Card Registration Act)—approved in the 17th Congress and endorsed…
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Jan 25 2021 
NEDA warns no FINL easing without economic reform bills
SOCIOECONOMIC planners warned Congress that failure to pass pending reform legislation will likely stall the opening up of the economy, adding that without such laws, it may not be possible to expand foreign investment to more industries.
If passed, pending legislation amending the Public Service Act, the Retail Trade Liberalization Act, and the Foreign Investments Act…
