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Cancel your weekends! Bitcoin doesn't rest, and neither can you

Tom Wilson and Anna Irrera, Reuters
Posted at Jan 11 03:17 PM

Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows. Read more »

Bitcoin: why the price has exploded – and where it goes from here

Reuters
Posted at Jan 07 11:34 PM

 From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took hold, bitcoin rose to just below US$30,000 by the end of the year. Read more »

China to launch carbon emissions trading scheme next month

Agence France-Presse
Posted at Jan 06 06:13 PM

China's delayed carbon trading system will start operating in February, the environment ministry has said, as the world's biggest polluter takes steps towards decarbonizing its economy by 2060.   Read more »

Bitcoin emergence as 'digital gold' could lift price to $146,000, says JPMorgan

Reuters
Posted at Jan 05 10:55 PM

LONDON - Digital currency bitcoin has emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a safe-haven asset, investment bank JPMorgan (JPM) said on Tuesday.   Read more »

ALAMIN: Mga 'start-up' na puwedeng simulan sa halagang P1,000

ABS-CBN News
Posted at Dec 31 01:26 PM

Nais bang magsimula ng negosyo para sa 2021, pero pinoproblema ang pampuhunan?  Read more »

PITC to turn over 100% of interest earnings of P33 billion ‘parked’ funds

ABS-CBN News
Posted at Dec 01 08:50 PM

The Philippine International Trading Corporation (PITC) is set to turn over 100 percent of the interest earnings of the P33 billion procurement funds to the National Treasury, Malacañang announced Tuesday. Read more »

Bitcoin hits new record, this time with less talk of a bubble

Nathaniel Popper, The New York Times
Posted at Dec 01 04:29 AM

Bitcoin is back. Again. Read more »

PITC pinabubuwag, natenggang pondo pinababalik sa Treasury

ABS-CBN News
Posted at Nov 30 09:04 PM

Ayon kay Finance Secretary Sonny Dominguez, dapat ibalik ang natenggang pondo at interes na kinita ng nasabing kompanya. Read more »

Finance chief tells PITC: Return P1.15-B interest earnings to national treasury

Katrina Domingo, ABS-CBN News
Updated as of Nov 30 04:12 PM

Finance Secretary Carlos Dominguez has asked the Department of Trade and Industry (DTI) to return to the Bureau of Treasury some P1.5 billion in interest earnings the Philippine International Trading Corp. (PITC) made through public funds lodged in the state trading company. Read more »

Drilon wants trading firm PITC abolished

ABS-CBN News
Updated as of Nov 30 10:40 AM

Senate Minority Leader Franklin Drilon on Monday said the Philippine International Trading Corporation should be abolished for being a duplicate agency and for using funds meant for government.   Read more »

Drilon slams DTI chief over alleged inaction on P33-B 'parked' in state trading firm

Katrina Domingo, ABS-CBN News
Posted at Nov 27 05:30 PM

Senate Minority Leader Franklin Drilon on Friday criticized Trade Secretary Ramon Lopez over his alleged inaction on senators' push to return to national coffers some P33 billion "parked" in the Philippine International Trading Corportation (PITC). Read more »

Crypto exchange Coinbase hit by connection, latency problems as bitcoin plummets

Tom Wilson, Reuters
Posted at Nov 27 02:24 AM

LONDON - Cryptocurrency exchange Coinbase said on Thursday its retail and professional-focused platforms were hit by tech problems, with users reporting difficulty trading as bitcoin plunged towards its biggest one-day drop since September. Read more »

DTI-led trading firm says no 'parked' funds, no role yet in COVID-19 vaccine procurement

ABS-CBN News
Posted at Nov 25 06:38 PM

The Philippine International Trading Corp. (PITC), a trading firm led by the Department of Trade and Industry (DTI), denied Senate claims of alleged "parked funds" and commissions of the company from the procurement of the COVID-19 vaccines. Read more »

FDA-approved Chinese medicine for Covid symptoms available soon in Philippine drugstores

ANCX Staff
Updated as of Nov 25 01:41 PM

SRP for a box with 24 capsules is P288   Read more »

Senate eyes probe into state trading firm after parked funds flagged

ABS-CBN News
Posted at Nov 25 10:48 AM

The Senate will look into the Philippine International Trading Corporation (PITC) after some P33 billion were supposedly parked in the small state trading firm, a senator said Wednesday. Read more »

Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers

Gertrude Chavez-Dreyfuss, Reuters
Posted at Nov 24 11:32 PM

Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year.   Read more »

Drilon wants state trading firm to return P33.4 billion in 'parked' funds

Katrina Domingo, ABS-CBN News
Posted at Nov 24 05:24 PM

Senate Minority Leader Franklin Drilon on Tuesday flagged some P33.4 billion "parked" in the coffers of the Philippine International Trading Corporation (PITC), saying the fund should be reverted to the national treasury so that it can be used for the procurement of COVID-19 vaccines. Read more »

Senators worry about plan to tap PITC for COVID-19 vaccine procurement

ABS-CBN News
Posted at Nov 23 10:48 PM

Philippine lawmakers expressed apprehension over the government's plan to tap a little-known agency for the procurement of coronavirus vaccines.  Read more »

PITC iimbestigahan sa umano'y nakatenggang P33.4 bilyon pondo

ABS-CBN News
Posted at Nov 23 08:47 PM

Iimbestigahan ng Senado ang ahensiyang naatasang bumili ng bakuna kontra COVID-19. Read more »

UnionBank aiming to raise P3-billion from bond offering

ABS-CBN News
Updated as of Nov 23 07:08 PM

UnionBank of the Philippines said Monday it will raise at least P3 billion from its planned bond offering which will be issued in two tranches. Read more »