Consumer spending seen driving GDP growth to 7%

By Melissa Luz T. Lopez Senior Reporter THE PHILIPPINE economy is expected to grow by 7% this year led by stronger consumer spending with Filipinos expected...

Energy dep’t seeks comment on off-grid renewable draft rules

THE DEPARTMENT of Energy (DoE) has given power industry participants until Feb. 28 to submit their comments on a draft circular covering renewable portfolio...

DA points to Iloilo co-op as model for cheap rice

AGRICULTURE Secretary Emmanuel F. Piñol said international cooperation and government support for a rice-growing community in Iloilo has helped its farmers supply the area...

As volatility returns, this is how to be more selective with emerging markets

THE SPECTER of volatile financial markets is prompting investors to be more selective in emerging markets and Asia is stacking up to be among...

Digitalization of government

By Christian G. Lauron and Irsyad Stamboel
(Second of two parts) In last week’s article, we introduced “digital” as the hot buzzword for businesses in the private sector, but not as much...

Gov’t to hand out ‘unconditional’ cash transfers in Q1

By Melissa Luz T. Lopez, Senior Reporter THE GOVERNMENT will start handing out cash transfers to some 7.4 million households by March, with the P200...

China, India compete for bourses as regional rivalry expands

The push for geopolitical influence in Asia is expanding from hard infrastructure to financial assets, with a Chinese bourse outbidding an India rival for...

Subway expected to reduce economic cost of traffic — JICA

By Melissa Luz T. Lopez, Senior Reporter CONSTRUCTION of the Philippines’ first subway line is expected to start later this year, with authorities hoping to...

Consumer price index base year changing to 2012 in March

THE Philippine Statistics Authority (PSA) said the base year for the consumer price index (CPI) will change to 2012 beginning in March. The PSA said...

BIR says drafting guidelines for tax reform ‘challenging’

THE Bureau of Internal Revenue (BIR) expects to finish issuing guidelines for the tax reform law by March, although the new rate structure should...

DoE monitoring power deal renewals to ensure CSP rules are met

THE Department of Energy (DoE) said it will intervene and review existing power supply contracts with an automatic renewal clause to block any move...

Infrastructure investment in the Philippines set to drive growth

THE PHILIPPINES has kicked off its 2018 infrastructure program with the launch of a headline transport project, with additional investments set to support GDP...