Delays in VAT rebates dampen net inflows of FDI to the Philippines
THE PHILIPPINES posted the fourth-highest net inflows of foreign direct investments (FDIs) in Southeast Asia, although this may have been dampened by delays in...
BSP ready to resume policy tightening if needed
The Philippine central bank is prepared to resume tightening monetary policy given that inflation remains a challenge, central bank officials said on Tuesday.
Bangko Sentral...
Gen Zers, Millennials fuel PHL co-working space boom
OLIVER RYAN C. ORETA, 37, starts most of his workdays not in his construction company’s office, but in a rented seat at a co-working space in Ortigas.
Gov’t charting return to foreign debt marts
THE GOVERNMENT is now charting the country’s return to the dollar, euro, yuan and yen debt markets, the Finance chief said on Friday last week.
Philippine growth slows sharply in Q3 as ‘shocking’ corruption scandal dents confidence
MANILA — The Philippines' economic growth slowed sharply in the third quarter, missing market expectations, as a "shocking" corruption scandal linked to government infrastructure...
Customs bullish on 2018 target
COLLECTIONS of the Bureau of Customs (BoC) continued to rise and beat targets on the back of a weaker local currency and high world oil prices, according to preliminary data.
Wider Middle East conflict may send oil prices skyrocketing, say analysts
By Luisa Maria Jacinta C. Jocson, Reporter
A WIDER CONFLICT in the Middle East could send global oil prices skyrocketing, adding to concerns over inflation,...
Vietnam food association urges trade ministry to challenge Philippine rice import suspension
HANOI - The Vietnam Food Association has asked the country's trade ministry to challenge a move by the Philippines to suspend rice imports for...
SEC looking to implement hike in fees, charges this year
THE Securities and Exchange Commission (SEC) hopes its planned hike in fees and charges can be finalized and implemented within the year, its top...
Global trade tensions pose risks to Philippine manufacturing sector
THE Philippine manufacturing sector may face headwinds from increasing global trade tensions that could weaken overseas demand this year, S&P Global said.
Philippines, JICA sign ¥30-billion loan deal
THE PHILIPPINES and the Japan International Cooperation Agency (JICA) signed a ¥30-billion (around P11.6-billion) loan agreement to strengthen the country’s disaster resilience.
“The loan seeks...
IMF expects wider current account gap
THE International Monetary Fund (IMF) expects the Philippines’ external position to log a bigger deficit this year, although the central bank chief said the level will remain manageable and supportive of further economic growth.