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....
Trade, factory data back growth hopes
By Ranier Olson R. ReusoraResearcherand Patrizia Paola C. Marcelo
MERCHANDISE EXPORTS grew by double-digit pace for the third straight month, while factory output increased at...
Remittance, outsourcing inflows to help offset growing trade gap
THE STEADY stream of remittance inflows and business process outsourcing (BPO) receipts cushion the country’s external payments position from a ballooning trade deficit, the...
Duterte tells business to do part vs corruption
By Arra B. Francia
PRESIDENT Rodrigo R. Duterte set foot in the Philippine Stock Exchange (PSE) for the first time as the country’s chief executive...
April FDI retreats from year-ago record
By Melissa Luz T. Lopez
FOREIGN direct investment (FDI) net inflows to the Philippines hit a 12-month high in April even as they slid from...
Easing household spending weighs
A GLOBAL BANK has trimmed its growth forecast for the Philippines as increases in consumer spending and capital formation ease, and as potential long-term...