THE WORLD BANK sees the Philippines sustaining relatively robust growth in the medium term -- though short of government target -- but flagged capacity constraints and price pressures that may weigh on prospects.

THE GOVERNMENT’S “impressive” fiscal performance was sustained in May, the Finance chief said, adding that this showed successful implementation of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law.

AN UNEXPECTED increase in minimum wages could prompt the Bangko Sentral ng Pilipinas (BSP) to raise rates anew, a global bank said, even as inflation is expected to ease over the coming months.

PRESIDENT Rodrigo R. Duterte has appointed Emilio B. Aquino as the new chairman of the Securities and Exchange Commission (SEC), replacing Teresita J. Herbosa whose seven-year term expired on March 15, the corporate regulator said in a statement on Wednesday.

LOCAL transportation network company (TNC) Hirna Mobility Solutions, Inc. is set to expand its operations outside Davao, starting with Iligan City and Cagayan De Oro.

INFLATION clocked slower than expected in May but still marked the fastest clip in more than five years and kept the year-to-date pace past the government’s 2-4% target for 2018, prompting state economic managers to express concern and assure the public of action in separate statements on Tuesday.

THE RANKS of jobless Filipinos in April dipped from a year ago, but those working who wanted additional income increased in the same period, according to the latest government data released on Tuesday.

ECONOMIC growth likely picked up this quarter to fall within the 7-8% official full-year 2018 target, the Budget chief said on Tuesday, as the Philippine Statistics Authority (PSA) reported that factory output began those three months with its biggest improvement in eight years.

PHOENIX Petroleum Philippines, Inc. on Tuesday said it had signed a memorandum of understanding (MoU) with a unit of China National Offshore Oil Corp. (CNOOC) to develop a receiving terminal for imported liquefied natural gas (LNG) in the country.

BLOOMBERRY Resorts Corp. looks to start construction on its casino project in Quezon City by 2019, as it targets the mass market in the north.

THE CENTRAL BANK will stick to its June 30 deadline for all banks to shift to microchip-based cards and terminals to elevate security standards.

EDUCATION technology platform Edukasyon has received funding which will help the start-up in its expansion in Visayas and Mindanao.