Inflation likely slowed further in Feb.

INFLATION likely maintained its descent in February as rice prices continued to drop, analysts said in a BusinessWorld poll, with some even betting the rate slid to below four percent.

PHL slips to 5th in Women in Business survey

A NEW SURVEY showed 37% of senior management positions at Philippine companies are occupied by women, well above the global average of 29%.

BSP targets further charter amendments to look into deposits, conglomerates

THE CENTRAL BANK will seek further amendments to its charter to relax deposit secrecy rules and look into conglomerates that own banks to further boost their regulatory powers.

Peso beats Asian peers in surprise win

THE PHILIPPINE peso has defied a yawning current-account deficit to emerge as Asia’s best-performing currency in February. And it may continue to surpass its peers.

Philippine factory business improvement weakest in six months

PHILIPPINE MANUFACTURERS in February registered their weakest improvement in operating conditions in six months after the softest rise in new orders in seven, according the latest survey compiled by IHS Markit for Nikkei, Inc.

Policy uncertainty offsets mineral potential to weigh on Philippines’ attractiveness to miners

THE PHILIPPINES has continued to languish near the bottom of an annual survey of mining jurisdictions by Canada-based think-tank Fraser Institute as a negative policy environment is about to mark its seventh year, although Fitch Solutions said in a separate note that it expects an easing of industry restrictions to lead to a slight recovery of nickel — of which the country is a leading global source — starting this year.

Official inflation target kept at 2-4% till 2022

STATE ECONOMIC MANAGERS are keeping their 2-4% inflation target until 2022, as the overall increase in prices of widely used goods is expected to moderate further.

BSP sees even slower Feb. inflation

INFLATION likely eased further in February, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, citing chances that the overall increase in prices of widely used goods fell below four percent as rice prices dropped.

Q4 boosts approved 2018 FDI pledges

THE GOVERNMENT approved more foreign direct investment (FDI) commitments in the country last year, fueled mostly by pledges in 2018’s last three months.

Honasan may not take on DICT post

FOLLOWING his nomination by Malacañang late last year to take the reins at the Department of Information and Communications Technology (DICT), Senator Gregorio B. Honasan II seems uninterested in the post as his appointment lapsed due to his failure to submit required documents.

Rule of law in PHL one of Asia’s weakest

PHILIPPINE rule of law has remained one of the weakest in East Asia and the Pacific, according to an annual survey of more than a hundred economies that showed the country’s score steadying from last year even as it rose in rank amid a generally negative slide worldwide.

S&P cites stronger banking industry

S&P Global Ratings gave a higher score for the Philippine banking system, citing better growth prospects following enactment of a law strengthening the central bank.