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...
Philippines slips in human capital ranking
THE PHILIPPINES has remained among East Asia and the Pacific’s top 10 economies in terms of human resource development, according to an annual report...
FMIC, UA&P expect economic growth to pick up this semester
ECONOMIC GROWTH will likely pick up this semester as exports have so far maintained a double-digit pace of increase and as government starts more...
Gov’t plans $1-B global bond sale
THE NATIONAL GOVERNMENT plans to raise $1 billion from a global bond sale to help finance next year’s P3.767-trillion national budget, which now awaits...
Trade gap narrows on export growth, import drop
By Jochebed B. Gonzales
Researcher
FASTER merchandise export growth in July, coupled with a bigger decline in imports, narrowed the country’s trade balance to its smallest...