LEDAC lists 13 bills as ‘urgent’

By Ian Nicolas P. Cigaral Reporter THE CORE committee of the Legislative-Executive Development Advisory Council (LEDAC) has endorsed 13 bills -- including a tariff on rice...

Dismissal of wage hike plea sought as board review nearing its end

THE LARGEST group of private employers in the Philippines has formally asked Metro Manila’s wage board to junk a string of petitions seeking an...

Farm output likely grew 5% in Q2 — Agri chief

FARM OUTPUT growth for the second quarter likely matched the first quarter’s pace to remain supportive of the economy during the period, the country’s...

Bulls are back as Yellen spurs EM stock surge

LONDON -- Stocks in developing nations are flashing signs that the bulls are back after Janet L. Yellen indicated the era of cheap money...

US-China rifts widen despite economic headway

WASHINGTON/BEIJING -- Three months after US President Donald J. Trump hosted a lavish welcome for his Chinese counterpart Xi Jinping at his Florida resort,...

Hot money enters in June, flees in 1st half

By Melissa Luz T. Lopez, Senior Reporter MORE FLIGHTY foreign capital entered the country in June on the back of investor confidence with legislative approval...

Megawide sets rail foray

By Imee Charlee C. Delavin, Senior Reporter MEGAWIDE Construction Corp. -- which had been an active competitor for public-private partnership (PPP) deals in the previous...

S&P slashes Philippine GDP growth projection

S&P Global Ratings has tempered its gross domestic product (GDP) growth outlook for the Philippines this year, according to a new report published yesterday,...

Yellen says rate and portfolio plans on track, but cautions on inflation

WASHINGTON -- The US economy is healthy enough for the Fed to raise rates and begin winding down its massive bond portfolio, though low...

Corporate regulator sees ‘really big investigation’ into 2GO’s condition

THE SECURITIES and Exchange Commission (SEC) is giving 2GO Group, Inc. until Friday to submit a written clarification on substantial revisions to its 2015...

Moody’s: more room for foreign banks to do business in the Philippines

By Melissa Luz T. LopezSenior Reporter FOREIGN BANKS can still find room in the Philippines to cash in on its growth story, Moody’s Investors Service...

New FDI negative list out next month

THE GOVERNMENT expects to issue its 11th foreign investment negative list (FINL) next month, an economic manager and close associate of President Rodrigo R....