2nd quarter GDP data fuel bourse to extend gains
By Arra B. Francia, Reporter
THE Philippine Stock Exchange index (PSEi) yesterday extended gains for the fourth straight day to close in on its record-high...
Venezuela’s truth commission to probe opposition
CARACAS -- Opposition candidates running in Venezuela’s October gubernatorial elections will be investigated to make sure none were involved in violent political protests this...
BPI-managed fund more bullish on stocks over bonds
By Melissa Luz T. Lopez,
Senior Reporter
Bank of the Philippine Islands (BPI)-managed ALFM Mutual Funds is betting on equities rather than fixed-income instruments as it...
Why CEOs spurned Trump’s business councils, in their own words
PRESIDENT Donald Trump disbanded his two business advisory councils Wednesday as chief executive officers staged an exodus to protest his response to a white-supremacist...
PHL growth seen on track to 2017 target
THE PHILIPPINES is on track to hitting its economic growth goal this year, with improved public spending fueling faster expansion despite a slow start...
Competitiveness council cites top local governments
CITIES and municipalities must undergo digital transformation to efficiently deliver public services and improve competitiveness, according to a summit yesterday of the National Competitiveness...
BSP to lift rates if economy overheats
SINGAPORE -- The Bangko Sentral ng Pilipinas (BSP) is prepared to raise interest rates if it sees signs the economy is growing too fast,...
Budget department tells Senate it sees relative debt decline to continue
A LOWER SHARE of debt relative to the 2018 budget will allow the government more fiscal space to back projects that are “more productive,”...
TDF rates mixed as bids dip
RATES fetched under the term deposit facility (TDF) saw mixed movements yesterday, with banks continuing to crowd the week-long tenor as players look for...
Commission on Appointments rejects DSWD’s Taguiwalo
LAWMAKERS of the Commission on Appointments (CA) on Wednesday, Aug. 16, rejected the appointment of President Rodrigo R. Duterte’s Social Welfare secretary after more...
Bill wants gov’t officials to take public transport
IT’S an idea that’s been bandied about since the last administration: If government officials had to endure the daily agony of Metro Manila’s commuters,...
Philippines’ communist rebellion: A new generation
The New People's Army, one of Asia's oldest insurgencies, is not concerned by President Rodrigo R. Duterte’s threats to end peace talks.
A KEROSENE lamp flickers...