Fed likely to see little change in economy, policy course after the flood

WASHINGTON -- The economic fallout from Hurricane Harvey will make the Federal Reserve’s job more difficult when it meets in three weeks, but US...

China factory growth unexpectedly speeds up in further global boost

BEIJING -- Growth in China’s manufacturing sector unexpectedly accelerated in August, suggesting the world’s second-largest economy is still expanding at a healthy clip despite...

Palace, Congress agree on target bills

MALACAÑANG and Congress last Monday agreed on 28 legislative priorities for the term of President Rodrigo R. Duterte that ends in mid-2022, the National...

PAL dusts off NAIA 2 dev’t pitch

PHILIPPINE AIRLINES (PAL) has revived its proposal to build a P20-billion ($400-million) annex to the Ninoy Aquino International Airport (NAIA) Terminal 2 to address...

New Customs boss kicks off stint with warning

By Melissa Luz T. Lopez Senior Reporter CUSTOMS Commissioner Isidro S. Lapeña lost no time in warning his men of a hard-line approach to corruption as...

Call centers face brave new world of automation

By Victor V. Saulon Sub-Editor THE PHILIPPINE contact center sector will add at least 73,000 new jobs annually until 2020 when total employment is expected to...

Project bonds not needed ‘for now’

By Melissa Luz T. Lopez Senior Reporter THE GOVERNMENT is not keen on offering bonds to fund big-ticket infrastructure projects, National Treasurer Rosalia V. De Leon...

PSE further hikes stake in fixed-income exchange

THE PHILIPPINE Stock Exchange, Inc. (PSE) has further increased its stake in the country’s fixed-income bourse with the acquisition of Investment House Association of...

Approved PEZA investment pledges nearly double

THE Philippine Economic Zone Authority (PEZA), which contributes about a third of the country’s total committed investments, registered what it called an “unprecedented performance”...

Robust growth continues

By Leo Jaymar G. Uy Senior Researcher GROWTH in assets of the country’s biggest banks continued to be robust last quarter, fuelled by these lenders’ aggressive...

Government keeps ‘very good’ satisfaction

By Rosemarie A. Zamora THE PUBLIC’s satisfaction with the national government stayed “very good” last quarter under the administration of President Rodrigo R. Duterte, with...

Executive, legislative leaders to fine-tune list of priorities

By Ian Nicolas P. Cigaral Reporter THE LEGISLATIVE-EXECUTIVE Development Advisory Council (LEDAC) will convene today for the second time under the current government to agree on...