Consumer confidence slips amid continuing crisis in Marawi

By Melissa Luz T. Lopez, Senior Reporter FILIPINOS grew less optimistic in the third quarter amid increasing concern on the unresolved conflict in Marawi City,...

Gov’t to roll out repurchase market by end-2017

By Melissa Luz T. Lopez, Senior Reporter THE government is looking to establish a repurchase market within the year, as part of plans to develop...

Gov’t to ease foreign cap in construction

THE GOVERNMENT is looking to allow foreign contractors to take on public construction projects under a more liberal Foreign Investment Negative List (FINL) in...

Meralco bills up for third month in September

CUSTOMERS of Manila Electric Co. (Meralco) will have to pay more for electricity consumption for the third straight month after the utility yesterday announced...

August foreign reserves at 3-month-high $81.5 billion

GROSS INTERNATIONAL RESERVES (GIR) edged up in August to a three-month high on the back of higher gold valuations and steady inflows from the...

Big infrastructure projects near final OK

THREE big-ticket infrastructure projects -- including a plan to build Metro Manila’s first subway -- will soon be up for President Rodrigo R. Duterte’s...

Philippines could be at risk of US sanctions for North Korea trade

THE PHILIPPINES runs the risk of courting US trade sanctions for “doing business” with North Korea and the government is concerned enough to study...

2nd tax reform package to settle fiscal perks issue

THE DEPARTMENT of Finance (DoF) is crafting a new fiscal incentives scheme that will attract specific “high-value” sectors as part of the second tax...

Emerging market inflows lowest since Jan. — IIF

NEW YORK -- Foreign investors cut capital flows to emerging market debt and equities in August, reducing inflows to $15.8 billion as investor caution...

Food, oil, electricity spur Aug. inflation

HIGHER food, oil and electricity costs spurred prices of widely used goods and services in August at the fastest clip in three months, according...

Government in final stages of preparation for panda bond sale

THE GOVERNMENT plans to be ready for the sale of yuan-denominated bonds by November, said a senior official of the Treasury bureau which is...

Foreign business leaders press government on infrastructure agenda

FOREIGN INVESTORS want the government to pick up the pace on infrastructure development, fearing that President Rodrigo R. Duterte may run out of time...