Ombudsman pursues forfeiture case vs Purisima’s P29.3-M unexplained wealth
THE OFFICE of the Ombudsman has ordered the filing of a forfeiture petition before the Sandiganbayan against former Philippine National Police director Alan LM....
Factory growth slips, still ASEAN’s best
By Elijah Joseph C. Tubayan
Reporter
IMPROVEMENT of factory activity in the Philippines slowed at the end of the second quarter, but still “signaled another strong...
Natixis analysts allay concerns over increasing trade and fiscal deficits
THE PHILIPPINES can be expected to sustain a bigger trade deficit this year, but this should not be a source of concern for the...
BSP under new chief to stay course on reforms
By Melissa Luz T. LopezSenior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) will stay the reform course in the face of rising global interest rates...
Okada sues family in bid to retake gambling empire
TOKYO -- Japanese casino and slot machine tycoon Kazuo Okada has filed a lawsuit against his son, daughter and wife in Hong Kong in...
Philippines ‘more attractive’ to FDI — US report
By Ian Nicolas P. Cigaral
Reporter
THE PHILIPPINES has become “more attractive” to foreign direct investments (FDI), the US State Department said in a June 29...
World Bank tempers 2017 Philippine growth forecast
THE WORLD BANK has tempered its economic growth outlook for the Philippines to 6.8% for this year from an April 6.9% estimate, after official...
Infrastructure promise awaited
By Maria Eloisa I. Calderon
Editor-at-Large
FIVE DAYS a week, from her home in suburb Bacoor City to her Quezon City office and back, Junelyn C....
Inflation expected to have eased further in June
THE general year-on-year rise in prices of widely used goods and services likely eased further in June from May due to lower fuel and...
Power firms get reprieve from EPIRA public ownership rule
by Victor V. Saulon, Sub-editor
Regulators have again given generation companies and distribution utilities temporary relief from a rule that requires them to sell to the...
Moody’s keeps Philippines grade but flags risks
By Melissa Luz T. Lopez, Senior Reporter
MOODY’s Investors Service kept its rating on the Philippines yesterday, even as it flagged local political developments and...
Corporate bond demand seen healthy despite government shift in infrastructure financing
By Krista A. M. Montealegre, National Correspondent
APPETITE for corporate bonds will likely be sustained even if the government takes on more debt to fund its...