MGB pushes end of ban on open-pit mining
THE MINES and Geosciences Bureau (MGB) has asked the Environment chief to end the ban on open-pit mining which his predecessor had imposed, the...
Central bank seeks to calm nerves frayed by peso weakness, says no ‘free fall’...
THE RECENT WEAKNESS of the peso should not cause alarm among investors, the country’s central bank chief said over the weekend, pointing out that...
Holding firms bare mixed results; some ‘a little below expectations’
By Krista Angela M. Montealegre
National Correspondent
THE COUNTRY’s biggest conglomerates turned in mixed reported earnings results in the second quarter, dragged by the absence of...
Moody’s sees second-quarter economic growth at 6.8%
GROSS domestic product (GDP) growth likely raced to 6.8% last quarter, Moody’s Analytics said on Friday, baring an estimate that -- if realized --...
Trade gap narrows as exports inch up
By Christine J. S. Castañeda
and Mark T. Amoguis
Researchers
EXTERNAL TRADE in goods and manufacturing likely delivered a smaller contribution to economic growth in the...
BSP keeps policy settings steady on benign inflation
By Melissa Luz T. Lopez, Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) left borrowing rates unchanged yesterday, with new Governor Nestor A. Espenilla, Jr....
FDIs’ year-to-date fall persists despite May hike
FOREIGN direct investments (FDI) to the Philippines surged anew in May on the back of substantial lending to local affiliates, but they were still...
PHL removed from dirty-money list
By Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINES has been removed from the watch list of a regional unit of the Financial Action Task Force...
Business, gov’t agree on priorities
STATE economic managers and business leaders yesterday hammered out the next steps in improving the economy in terms of infrastructure, ease of doing business,...
Mobile-first strategy sets next stage of storytelling
By Mira Catherine B. Gloria
Online Editor
BUSINESSWORLD, the country’s premier business daily, has revamped its Web site (www.bworldonline.com) with a polished new look and a...
IMF cuts PHL outlook, still ‘very strong’
By Melissa Luz T. Lopez
Senior Reporter
THE International Monetary Fund (IMF) sees the Philippines sustaining “very strong” growth over the next few years even as...
Headwinds greet debut of Chelsea
By Arra B. Francia
GENERAL OPTIMISM over the country’s logistics sector failed to sustain Chelsea Logistics Holdings Corp.’s (CLC) early gains during its debut on...
