Thai Q1 GDP expands at best pace in five years; gov’t raises 2018 forecast
BANGKOK -- Thailand produced its fastest economic growth in five years in the first quarter, boosted by strong exports and tourism plus a slight...
US agrees with China to shelve tariff threats
WASHINGTON -- The US trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they...
Fitch flags risk from more Fed tightening
By Melissa Luz T. Lopez
Senior Reporter
FURTHER tightening by the United States Federal Reserve will likely hurt Philippine banks as this puts pressure on local...
LANDBANK targets June deals for PDS majority stake
THE LAND BANK of the Philippines (LANDBANK) hopes to sign deals to acquire a majority stake in the country’s fixed-income exchange by June, with...
Change or face extinction, businesses told
By Krista Angela M. Montealegre
National Correspondent
CHANGE or face extinction.
This was the message of Udenna Corp. founder, Chairman and Chief Executive Officer Dennis A. Uy...
BSP further relaxes forex rules
THE BANGKO Sentral ng Pilipinas (BSP) said on Friday that banks will no longer need to secure its approval to convert foreign currency loans...
Balance of payments swings to deficit
By Elijah Joseph C. Tubayan, Reporter
THE PHILIPPINES’ external payments position swung to a deficit in April from the year-ago surplus, the central bank reported...
April sees ‘hot money’ flowing in anew
NET inflows of foreign portfolio investments — also known as “hot money” for the ease by which they enter and leave the economy on...
Growth to remain below target — BMI
By Melissa Luz T. Lopez
Senior Reporter
BMI RESEARCH has raised its growth forecast for the Philippines, but still expects that the pace will log below...
PHL leads Asia Pacific on gender equality in work
By Victor V. Saulon
Sub-Editor
AN EQUAL CHANCE for Filipino women in the workplace and in society could translate into a 7% increase in the country’s...
Dennis Uy to deliver keynote speech at BW Economic Forum
THE TWIN FORCES of innovation and disruption are sweeping the country’s current business landscape, and industry leaders must be quick to adapt or be...
Lower palay, corn Q2 output seen
THE Philippine Statistics Authority (PSA) said its output estimate for palay, or unmilled rice, in the three months to June is 4.049 million metric...