Economists’ inflation views ease
BANK ECONOMISTS tempered their inflation forecasts for the year in the face of lower oil and utility prices, according to results of a recent...
BSP looking into Metrobank ‘internal fraud’
By Melissa Luz T. Lopez, Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) is currently looking into internal lapses that led to a reported P900-million...
Inflation expected to moderate in 2nd half — BSP
INFLATION may have already peaked this year, with the rate of price increases expected to soften in the coming months on the back of...
Tax reform, infrastructure spending seen to boost PHL stocks
By Krista Angela M. Montealegre, National Correspondent
LOCAL equities could enjoy an upward re-rating should the government successfully implement its tax reform and accelerated infrastructure...
Fewer Filipinos say they are poor
By Ian Nicolas P. Cigaral
Reporter
SELF-RATED poverty fell for the first time in three quarters, according to results of the Social Weather Stations (SWS) quarterly...
Outlook brightens on strong exports
THE ASIAN Development Bank (ADB) has raised its 2017 and 2018 economic growth forecasts for the Philippines, as the Manila-based lender offered a rosier...
State revenues rise in 1st half, still miss targets
By Elijah Joseph C. Tubayan
Reporter
TAXES AND OTHER DUTIES collected by the country’s two main revenue-generating agencies rose in the first semester from a year...
Casinos now under dirty money watch
By Ian Nicolas P. Cigaral
Reporter
A MAJOR GAP in the country’s anti-money laundering defense has been closed after President Rodrigo R. Duterte signed into law...
Chelsea gets final green light for IPO
CHELSEA LOGISTICS Holding Corp. has received final clearance to take its shares public, after securing approval from the Philippine Stock Exchange (PSE) on Wednesday.
In...
External payment position posts biggest deficit in seven months
THE PHILIPPINES’ external payments position slipped in June to the biggest deficit in seven months, due to a sustained pickup in imports and stronger...
Infrastructure spending target doubted
AN international think tank doubts that the government plan to sharply raise infrastructure spending is doable, citing the slow rollout of projects and concerns...
Many dev’t goals missed in last 6 years — scorecard
By Leo Jaymar G. Uy
Senior Researcher
A GOVERNMENT SCORECARD that details the Philippines’ progress in meeting economic development targets in the last six years showed...