PHL ‘average’ in disclosure practice

THE PHILIPPINES got an average score though it placed second-lowest in the latest ASEAN Disclosure Index of business advisory firm FTI Consulting, Inc. which monitors corporate disclosure practices.

Marcos vows tax system overhaul

PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. on Monday vowed to overhaul the tax system and unveiled a 19-point legislative agenda designed to spur growth and make the Philippines an investment destination, as the economy recovers from the coronavirus disease 2019 (COVID-19) pandemic.

WB keeps PHL growth projection for 2024, 2025

THE WORLD BANK (WB) kept Philippine growth forecasts for 2024 and 2025 amid improved global conditions and better trade, but said delayed policy easing and China’s property sector woes pose risks to the outlook.

Counting SEA Games’ risks and benefits

LOGISTICAL glitches and allegations of corruption threaten to mar the Philippines’ hosting of the biennial Southeast Asian Games this year, which the country is doing for the fourth time in history.

Converge ICT applies for P35.92-billion IPO

FIBER INTERNET provider Converge ICT Solutions, Inc. has submitted an application with the Securities and Exchange Commission (SEC) on Friday to do a P35.92-billion...

More projects readied for NEDA Board’s first meeting for 2018

MORE BRIDGES across the archipelago, a video surveillance system for local governments as well as search-and-rescue helicopters are among priorities for consideration at the...

BSP raises P90B from bill auction

By Beatrice M. Laforga, Reporter
The Bangko Sentral ng Pilipinas (BSP) fully awarded the short-term securities it offered on Friday as rates declined after the government’s recent euro bond...

BSP expects 0.6-1.4% Sept. inflation

THE OVERALL increase in prices of widely used goods could have clocked in at its slowest clip in at least three years last month, as a decline in rice prices and electricity rates was partly offset by higher prices of fuel at the pump and other food items, the Bangko Sentral ng Pilipinas (BSP) said on Monday.

LTFRB sets formula for fare adjustments

THE public land transport regulator has set a formula for changes in jeepney, bus, taxi and UV Express fares that takes into account fuel pump price movements, in order to remove the need for operators to seek regulatory approval for each adjustment.

Gov’t takes stock of performance

A GOVERNMENT SCORECARD that plots the Philippines’ progress in hitting economic development targets bared progress in macroeconomy, justice, human capital and environment, but poor performance in agriculture, housing and governance.

Peso seen in for more pain

THE PHILIPPINE PESO could be in for greater pain despite the country’s strong economic growth, with major money managers bearish on the currency.

NG debt inches up to P13.6T as of end-Nov.

THE NATIONAL Government’s (NG) outstanding debt inched up to another record high of P13.644 trillion as of end-November, the Bureau of the Treasury (BTr) said on Tuesday.