Forget casinos, Singapore’s Indian tourists are cruising
SINGAPORE -- When Indian architect Rahul Maini and his parents embarked on their first trip abroad in May, Singapore was their destination of choice.
But...
Metro Manila water bills rising next month
METRO MANILA’s two water concessionaires will raise tariffs on Aug. 13, after they were granted an increase in the amount they are allowed to...
Fed signals good for the Philippines — Guinigundo
THE FEDERAL RESERVE’s decision this week to keep rates steady and to trim its massive bond holdings “soon” signals confidence in the US economy’s...
BSP wants faster action on cyber threats
By Melissa Luz T. Lopez
Senior Reporter
THE CENTRAL BANK is looking at a prescriptive period for banks to report glitches and hacking in a bid...
E. Visayas leads growth in household spending
By Christine J. S. Castañeda
Researcher
HOUSEHOLD SPENDING last year increased in 16 out of the country’s 18 regions, led by the Eastern Visayas, data released...
Vanishing current account buffer raises peso risk
THE OUTLOOK for the Philippine peso -- Asia’s worst-performing currency -- just keeps getting grimmer.
May’s trade shortfall was the biggest in data going back...
Fed signals confidence
WASHINGTON -- The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds...
Hunger level lowest since March 2004
By Ian Nicolas P. Cigaral
Reporter
THE PROPORTION of families who suffered hunger at least once in the last three months fell to single-digit level for...
Fitch sees Philippine GDP growth staying above 6%
THE PHILIPPINES can be expected to keep growing faster than six percent over the next five years, Fitch Ratings said, noting that strong economic...
Casinos’ inclusion in dirty-money surveillance alone not enough to keep PHL out of blacklist
By Melissa Luz T. Lopez
Senior Reporter
THE RECENT INCLUSION of casinos under the watch of the Anti-Money Laundering Council (AMLC) does not automatically assure that...
Gov’t told to pay Maynilad for losses
By Victor V. Saulon
Sub-Editor
AN ARBITRAL TRIBUNAL has ordered the Philippine government to reimburse Maynilad Water Services, Inc. at least P3.4 billion for losses incurred...
Start-ups find Asia ‘a great place to grow’ in
By Krista A. M. Montealegre
National Correspondent
YOUNG ENTREPRENEURS are pushing the boundaries of innovation and bringing down cultural barriers to feed a vibrant start-up scene...