Conglomerates eye neighboring markets to expand education business
By Krista Angela M. Montealegre
National Correspondent
PHILIPPINE CONGLOMERATES are stepping on the gas on the expansion of their education business in Southeast Asia, taking advantage...
Central bank seeks to assure amid market turbulence
CURRENT monetary policy settings remain appropriate despite some turbulence in local financial markets, the Bangko Sentral ng Pilipinas (BSP) chief said on Friday.
“We have...
Balance-of-payments gap nearly halved in March
THE Philippines’ external payments position saw a smaller deficit in March, but first-quarter gap was still bigger than a year ago, the Bangko Sentral...
BSP minutes: Q1 GDP growth on target
FIRST-QUARTER economic growth likely settled within target on a boost from state infrastructure spending, the Bangko Sentral ng Pilipinas (BSP) said, with robust activity...
Infrastructure spending, other outlays surge
GOVERNMENT SPENDING on infrastructure and capital outlays jumped in February with the completion of Department of Public Works and Highways (DPWH) projects, as well...
Hot money inflows mark 3-year high
By Melissa Luz T. Lopez
Senior Reporter
MORE flighty capital entered the Philippines in March to log a three-year high, the central bank noted on Thursday,...
With no ‘endo’ EO, Palace to back bill’s OK
By Camille A. Aguinaldo
PRESIDENT Rodrigo R. Duterte will certify a bill in Congress that will give workers greater security of tenure instead of issuing...
DBM sets project spending priorities
THE DEPARTMENT of Budget and Management (DBM) will only prioritize new “implementation-ready” infrastructure projects and social services programs for funding under the 2019 national...
Sales of sugar-sweetened drinks slump in Feb. amid higher taxes
By Krista Angela M. Montealegre
National Correspondent
ALREADY REELING from a shift in consumer preference to healthier options, sales of sugar-sweetened beverages weakened in February following...
AI seen to help nations build inclusive future
ARTIFICIAL INTELLIGENCE (AI) holds a lot of promise in helping nations build an inclusive future where technology is harnessed in a way that empowers...
Joblessness a blot on PHL’s growth lead
By Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINES can be expected to lead growth across major Asian economies, except India, up to 2019, according to...
Philippines has most to gain from China’s ‘Belt’
THE PHILIPPINES has the most to gain from China’s Belt and Road Initiative (BRI) by way of infrastructure investments, a global bank said, even...