OFW remittances recover in May

By Melissa Luz T. Lopez Senior Reporter REMITTANCES from overseas Filipino workers (OFWs) recovered in May, the Bangko Sentral ng Pilipinas (BSP) announced yesterday, staying on...

Ang acquiring Prieto interest in Inquirer

By Krista A. M. Montealegre National Correspondent BILLIONAIRE Ramon S. Ang is set to take over the Inquirer Group of Companies after the Prieto family decided...

August listing targeted by Chelsea Logistics

CHELSEA Logistics Corp. (CLC) plans to list its shares on the main board of the Philippine Stock Exchange (PSE) by Aug. 8, should it...

Take two for Bangsamoro peace course as battle for Marawi nears two months

By Ian Nicolas P. Cigaral Reporter PRESIDENT Rodrigo R. Duterte on Monday formally received the new draft of the proposed Bangsamoro Basic Law (BBL) that is...

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,...