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...

Government to borrow P889.7 billion next year

By Melissa Luz T. Lopez, Senior Reporter THE GOVERNMENT plans to borrow over a fifth more in 2018 — with bulk of loans to be...

Casinos soon under dirty-money watch

CASINOS across the country will soon be covered by the anti-money laundering law after both chambers of Congress approved the measure concerned on third...

Bangko Sentral unfazed by Fed tightening into 2018

By Wilfredo G. Reyes Managing Editor YOKOHAMA, JAPAN -- The Bangko Sentral ng Pilipinas (BSP), whose Monetary Board will meet for the third time this...

Airports to toll roads top picks amid boom in infrastructure

MANILA’S Metro Pacific Investments Corp., Indonesia’s PT Krakatau Steel and Airports of Thailand Pcl. are among the top investor picks as Southeast Asian governments...

In all humility

As a national pastime, putting down our country beyond the bounds of humility has become all too common. Is it an inferiority complex that...

Another round of high FiT due to expensive wind-solar power

Cheaper electricity and stable energy supply are among the important components to have fast and sustainable economic growth. On Jan. 17, the Philippine Electricity Market...