Posted at 06/15/21 1:25 PM
Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded.
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The Semiconductor and Electronics Industries in the Philippines Foundation Inc said chip manufacturers cut down on equipment production last year in anticipation of lower demand with the onset of the pandemic.
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Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.
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DITO Telecommunity on Monday said users should refrain from purchasing overpriced SIM cards and tampered pocket WiFis which are being sold as DITO-branded devices.
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Loans, which have been lagging for the last few months, could start growing positively again by the third quarter as the government's vaccination drive gains ground, Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Monday said.
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Inflation could settle within the government target this year instead of next year as the vaccination rollout progresses, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday.
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Globe Telecom on Monday said it is prepared to take legal action against individuals tampering and reselling its prepaid WiFi modems as DITO modems.
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The Gokongwei Group and UnionBank of the Philippines have also applied for digital banking licenses under the new framework of the Bangko Sentral ng Pilipinas, BSP Gov. Benjamin Diokno said Monday.
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The Xbox maker showed off 30 new games coming to its console, which in November will celebrate two decades on the market.
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Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.
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