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INVESTMENT PLEDGES approved by the Philippine Economic Zone Authority (PEZA) -- the second-biggest contributor to such commitments after the Board of Investments (BoI) -- slid nearly a quarter in the first four months of the year as uncertainty mainly from the proposed alteration of tax perks made businesses stay on the sidelines and even look elsewhere for expansion.

THE Philippines slipped one place to No. 54 out of 167 countries in London-based think tank Economist Intelligence Unit’s democracy index for 2019, citing the Southeast Asian nation’s “flawed democracy.”

THE BANGKO SENTRAL ng Pilipinas (BSP) warned it will intervene in the foreign exchange market as the Philippine peso on Tuesday closed at the 58-per-dollar level for the first time in over 18 months.

Philippine President Ferdinand R. Marcos, Jr. has set price ceilings for rice, his office said on Friday, to keep the cost of the national...

THE PHILIPPINES slipped two spots in a global corruption index released on Thursday by Transparency International, which noted widespread corruption has weakened many countries’ response to the coronavirus disease 2019 (COVID-19) pandemic.

NOMURA GLOBAL Markets Research has trimmed its gross domestic product (GDP) growth forecasts for the Philippines for this year and 2026 following the weak...

VENCITO U. OPEN, 31, is one of about 50 Filipino seamen who have been stranded in a cramped dormitory in San Andres — Manila’s second-most densely populated district — jobless and about to become penniless after his flight to Saudi Arabia was canceled when the government locked down the main Philippine island of Luzon to contain a novel coronavirus pandemic.

OCEANAGOLD Philippines, Inc. (OGP) made a dismal stock market debut on Monday, as its stock price closed 6% lower than its initial public offering (IPO) price.

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.

THE GOVERNMENT is setting suggested retail prices (SRPs) for select agricultural products sold in Metro Manila in response to consumer concerns, officials said on Friday.

The Philippine central bank raised P50 billion in short-term securities on Friday amid sustained investor demand. The Bangko Sentral ng Pilipinas (BSP) fully awarded the...

NET INFLOWS of foreign direct investments (FDI) jumped by 46.3% year on year in February, as the further reopening of the economy lifted investor confidence.