Companies bullish on business and economy
TOP BUSINESSMEN remain confident about their companies’ prospects in a fast-growing economy, according to results of a survey conducted by Isla Lipana & Co./PwC...
Malaysian debt rater upgrades Philippines’ credit outlook
A MALAYSIAN debt watcher has upgraded the Philippines’ credit outlook to “positive” from “stable” in the face of strong economic growth, rising foreign investment...
Central bank considering new tenors for term deposit facility
THE CENTRAL BANK is studying possible tweaks to its term deposit facility (TDF) auctions that may include new tenors, with the adjustments expected to...
Moody’s: factory growth slowed in July
FACTORY OUTPUT likely kept growing in July, though at a milder pace, on the back of demand for capital goods and food products, Moody’s...
Public infrastructure spending sustains double-digit pace of increase
GOVERNMENT disbursements on infrastructure and other capital outlays surged by a fourth as the third quarter began, marking the third straight month of double-digit...
Credit investors scour the world for niche opportunities
SAN FRANCISCO -- The hunt for yield in the credit markets has led large investors to companies in Indonesia, financing the Brazilian soybean trade...
Consumer confidence slips amid continuing crisis in Marawi
By Melissa Luz T. Lopez, Senior Reporter
FILIPINOS grew less optimistic in the third quarter amid increasing concern on the unresolved conflict in Marawi City,...
Gov’t to roll out repurchase market by end-2017
By Melissa Luz T. Lopez, Senior Reporter
THE government is looking to establish a repurchase market within the year, as part of plans to develop...
Gov’t to ease foreign cap in construction
THE GOVERNMENT is looking to allow foreign contractors to take on public construction projects under a more liberal Foreign Investment Negative List (FINL) in...
Meralco bills up for third month in September
CUSTOMERS of Manila Electric Co. (Meralco) will have to pay more for electricity consumption for the third straight month after the utility yesterday announced...
August foreign reserves at 3-month-high $81.5 billion
GROSS INTERNATIONAL RESERVES (GIR) edged up in August to a three-month high on the back of higher gold valuations and steady inflows from the...
Big infrastructure projects near final OK
THREE big-ticket infrastructure projects -- including a plan to build Metro Manila’s first subway -- will soon be up for President Rodrigo R. Duterte’s...