PHL, foreign business groups urge Congress to prioritize economic reform bills

BUSINESS GROUPS and foreign chambers on Wednesday urged lawmakers to approve the remaining economic reform measures, including the amendments to the Public Service Act (PSA), in the homestretch of the 18th Congress’ third regular session.

Wawa dam water supply for Metro Manila could face delay — proponent

RAZON-LED Prime Metroline Infrastructure Holdings, Inc. (Prime Infra) warned on Monday that it might not be able to deliver water to Metro Manila as scheduled in 2021 from Wawa dam in Rizal, citing the delay in government approval of the project.

Philippines moves up in sustainable trade index

THE PHILIPPINES outranked other emerging markets in Asia as it moved up one spot to 8th place in the Sustainable Trade Index 2020, according to the Economist Intelligence Unit bi-annual report commissioned by Hinrich Foundation.

NEDA aims to release new PDP before December

THE NATIONAL Economic and Development Authority (NEDA) is working to fast-track the submission of the Philippine Development Plan (PDP) 2023 to 2028 before its deadline in December, an official said.

Energy dep’t eyes private sector participation in LNG facility

THE Department of Energy (DoE) may turn to the private sector anew for the development of an integrated facility for liquefied natural gas (LNG)...

ADB turns even more bullish on PHL

By Elijah Joseph C. Tubayan Reporter THE ASIAN Development Bank (ADB) has again raised its economic growth outlook for the Philippines this year and in 2018...

Gov’t ups Q3 GDP growth estimate; Moody’s Analytics sees Q4 slowdown

OVERALL ECONOMIC GROWTH can be expected to have picked up in the fourth quarter from a year ago, though expansion could have eased from...

How much economic boost does election spending deliver?

ELECTIONS are widely believed to have a growth-inducing effect on an economy.

Vehicle sales jump 6.1% in July amid new launches and better supply

VEHICLE SALES in the Philippines jumped by an annual 6.1% in July, driven by new launches and supply availability, according to an industry report.

Asia bites tongue on soft dollar as Washington rattles its saber on trade

SEOUL/TOKYO -- A year after US President Donald Trump took office, heightened rhetoric out of Washington about unfair trade has kept Asian policy makers...