General

PSEi snaps 3-day rally; peso stays flat

MANILA: The local stock market closed mid-week lower, snapping its three-day rally on profit-taking, while the Philippine peso ended almost unchanged.

The Philippine Stock Exchange index (PSEi) fell 0.64 percent to 6,900.62, with All Shares also decl…

General

DOT proposes ‘tourist courts’ in PH

MANILA: The Department of Tourism (DOT) has proposed the establishment of a special court to aid in the swift resolution of cases where tourists are involved.

Tourism Secretary Christina Frasco first proposed the ’24/7 tourist courts’ during a recent…