Philcomsat franchise extension bill passed by Senate on 3rd reading
THE Senate passed on third and final reading the bill extending the telecommunications franchise granted to Philippine Communications Satellite Corp. (PhilComSat) for another 25 years.
Bill creating innovation council hurdles House on 2nd reading
THE House of Representatives approved on second reading the bill proposing to incorporate innovation in the development policy of Micro, Small, and Medium Enterprises (MSMEs).
Rural work program bill goes to Senate plenary
A BILL providing temporary employment to Filipinos living in rural communities by the Department of Social Welfare and Development (DSWD) was endorsed for plenary approval in the Senate.
China Nov. export, import growth shrinks, showing weak demand
BEIJING -- China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country’s growth rate from slipping too much.
Traders bet Fed will need to slow rate hikes next year
TRADERS of U.S. short-term interest-rate futures stuck to bets on Friday that the Federal Reserve will need to slow its pace of rate hikes sharply next year, after a government report showed employers made fewer than expected hires in November.
Fast-tracking digital transformation
By Rossana A. Fajardo
In a previous article in this column, we spoke about how important it is for company leaders to become digital-enabled in today’s disruption-led competitive landscape. We discussed how digital age leaders are not only better equipped to meet emerging business challenges and changes in the competitive landscape, but are also delivering better financial performance for their companies.
Inflation among poor households up 9.5% in October
INFLATION, as experienced by low income households, stood at 9.5% in October, driven by sharp price upticks in food and utilities, the government reported on Friday.
Stratbase forum charts PHL outlook on economy, politics, international relations
BANGKO Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo said the “strong political capital” of the Duterte administration has provided government a leverage to push for policies that would further improve the country’s economy.
DBM, NEDA order launch of budget planning for 2020
THE DEPARTMENT of Budget and Management (DBM) and the National Economic and Development Authority (NEDA) told national government agencies with the largest projects in the regions to begin budget planning for 2020.
Mild recovery in car market seen in 2019 but pressures remain
THE CAR MARKET is expected to post a mild recovery in 2019, Fitch Solutions said in a report on Thursday, as it forecast sales to rise by 3.2% to 120,000 units next year.
Senate to fast-track bills freezing fuel tax after House passage
THE SENATE ways and means committee will act immediately on measures calling for the suspension of fuel excise tax under the tax reform law once it is transmitted to the chamber, its chairman Senator Juan Edgardo M. Angara said on Thursday.
Makabayan calls for Chinese deal terms to be published
THE MAKABAYAN bloc of Congress said Thursday that the government must disclose loan agreements the Philippine government entered into with China.
