BSP to maintain rates — economists
By Melissa Luz T. Lopez
Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to keep policy rates unchanged at its meeting this week,...
DoF defers submission of 2nd tax reform package
THE DEPARTMENT of Finance (DoF) will defer submission to Congress of the second of up to five tax reform packages, as it focuses all...
NEDA wants agencies to start consultations on opening up sectors
AS THE GOVERNMENT readies a Foreign Investment Negative List (FINL) that will open more economic activities and sectors to foreign participation, the National Economic...
NoKor now like ‘boy who cried wolf’ for markets
TOKYO -- Traders are getting less excited by North Korean provocations, judging by the diminished reactions in financial markets to the dictatorship’s weapons tests.
Consider...
FDI pledges more than halved in second quarter
COMMITTED foreign direct investments (FDI) dropped by more than a half annually in the three months to June, marking the fourth straight quarter of...
Economic prospects intact despite rising risks – Moody’s
THE PHILIPPINES faces rising capacity constraints and political risks that nevertheless have not dented the economy’s prospects, Moody’s Investors Service said in a Sept....
July remittances rise fastest in four months
MONEY SENT HOME in July by overseas Filipino workers (OFWs) increased by their fastest pace in four months, the Bangko Sental ng Pilipinas (BSP)...
PSEi finishes with new record high
By Arra B. Francia
Reporter
INVESTOR CONFIDENCE grounded on looming tax reform and end to the Aug. 22-Sept. 19 Chinese “ghost month” propelled the Philippine Stock...
Court orders Maynilad rate increase
By Victor V. Saulon
Sub-Editor
A QUEZON CITY COURT has granted the petition of Maynilad Water Services, Inc. for enforcement of an arbitral award granting a...
Foreign chambers pitch reforms to Duterte gov’t
By Elijah Joseph C. Tubayan
Reporter
FOREIGN BUSINESS chambers in the country yesterday set the tone for engagement with the over one-year-old government of President Rodrigo...
Think tank says PHL political governance weakest in Asia
By Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINES has the weakest governance system in Asia, an international think tank said, noting that abrupt policy changes...
NEDA OK’s subway, major roads, bridges
FOUR MORE flagship projects cumulatively worth P386.248 billion, led by the country’s first subway that will run in Metro Manila, under the government’s P8.44-trillion...