Metro Manila’s water bills to rise in January
CUSTOMERS of Maynilad Water Services, Inc. and Manila Water Company, Inc. will face higher bills starting Jan. 1, as the two water concessionaires raise...
BSP tightens risk management rules
THE CENTRAL BANK has issued fresh guidelines that require risk management protocols of banks and other financial firms, as well as their subsidiaries.
Bangko Sentral...
Remittances likely logged double-digit increase in February
By Melissa Luz T. Lopez
Senior Reporter
CASH REMITTANCES sent by overseas Filipino workers (OFWs) likely surged in February to log a double-digit increase, a global...
Senate, House ratify PPP bicam report after seesaw
The Senate and House of Representatives on Wednesday ratified the Bicameral Conference Committee report that reconciled disagreeing provisions of a bill that seeks to...
Subway project to boost Philippine construction sector
By Denise A. Valdez, Reporter
FITCH Solutions said it raised its growth forecast for the Philippine construction and railway sectors this year with the expected...
Stocks climb on expectations of slower inflation
PHILIPPINE SHARES extended their climb on Monday on expectations of slower headline inflation in December and as bargain hunting continued.
The Philippine Stock Exchange index...
Central bank unfazed by pace of price pickup
THERE IS STILL NO NEED to raise policy rates in the Philippines despite rising inflation pressures, a senior central bank official said, noting that...
Below-target inflation supports case for another rate cut, analysts say
THE BANGKO SENTRAL ng Pilipinas (BSP) will be able to further reduce interest rates amid below-target inflation and weak economic growth, analysts said.
“With...
Philippine central bank says to stay hawkish for a while
Philippine central bank Governor Eli Remolona said monetary policy will remain “hawkish for a while” and authorities could resume tightening if inflation comes in...
LEDAC identifies 25 priority bills for passage by yearend
THE government is pushing for the passage of 25 priority measures before the end of the year, including new taxes on digital platforms and offshore gaming operators, further liberalization of the retail trade sector and the last two remaining tax reform packages.
Balisacan says tariff impact ‘very minimal’
THE IMPACT of the US reciprocal tariffs on the Philippines will likely be minimal, the Department of Economy, Planning, and Development (DEPDev) said, but...
Study finds Philippines’ talent competitiveness eroded
THE PHILIPPINES’ ability to develop, attract and retain highly skilled professionals worsened in 2018 due to a persistent job-skills mismatch despite increasing investments in education, according to the annual survey of Switzerland-based business school International Institute for Management Development’s (IMD) research arm.