Agricultural output may have contracted in 2024
PHILIPPINE FARM OUTPUT likely contracted in 2024, reflecting the adverse impact of weather-related events such as El Niño and La Niña, analysts said.
LEDAC identifies 25 priority bills for passage by yearend
THE government is pushing for the passage of 25 priority measures before the end of the year, including new taxes on digital platforms and offshore gaming operators, further liberalization of the retail trade sector and the last two remaining tax reform packages.
Senate sets target for 2020 budget OK
SENATE plenary deliberation on the proposed P4.1-trillion national budget for 2020 will begin on Nov. 11 as the chamber eyes bicameral approval by the first week of December, Senate leaders said on Monday.
SEC wants more independent directors in bourse
The corporate regulator has issued a circular increasing independent directors to a third of the board of exchanges and other organized markets.
The Securities and...
PHL economic freedom ranking improves
THE PHILIPPINES’ economic freedom ranking went up four places after improved scores in “sound money” measuring inflation and money growth, according to a global report that measured 2019 data.
BusinessWorld Economic Forum goes online
BUSINESSWORLD, the country’s leading business newspaper, will gather over 40 local and international speakers at its annual flagship and award-winning event, the BusinessWorld Economic Forum, to discuss the great economic reset and the future in a post-coronavirus era.
Survey finds CEOs still bullish amid challenges
CHIEF EXECUTIVE OFFICERS (CEO) in the Philippines remain confident about business prospects over the next 12 months despite mounting uncertainty from global trade tensions and monetary tightening, regulatory changes at home and the challenge posed by disruption, according to results of a survey conducted by PwC Philippines for the Management Association of the Philippines (MAP) that were released on Monday.
Foreign direct investments continue to drop in October
FOREIGN investments to the Philippines sustained a three-month slide in October, the central bank reported on Friday, casting doubt on forecasts of another banner year amid a slump in sentiment.
Philippines unlikely to expand trade away from ‘factory of the world’
MARIA LOUELLA MARQUEZ, 57, enjoys shopping for everything made in China.
Easing prices may spur BSP rate cuts
WASHINGTON, D.C. — The Philippine central bank may cut the key policy rate this year if inflation continues to ease in the next six months, according to its chief.
House, Senate start reconciling budget versions
LEADERS of the Senate finance and House of Representatives appropriations committees start meeting today to harmonize their versions of the proposed P4.1-trillion national budget for 2020 in a bid to ensure enactment before the year ends -- and prevent a repeat of the delayed approval that has taken a toll on 2019’s overall economic growth.
Government to borrow less next quarter
THE GOVERNMENT plans to raise up to P150 billion from domestic lenders next quarter, 23% less than the P195 billion programmed in the three...