Review of mine crackdown orders to begin end-September — official
AFTER NEARLY seven months since sanctions were imposed on mines deemed to have transgressed environment laws, the multi-agency Mining Industry Coordinating Council (MICC) is...
In Vietnam, education can lead to worse job prospects
HANOI -- Nguyen Van Duc graduated two years ago with a bachelor’s degree in economics from one of Vietnam’s best universities.
Today, he earns about...
Third-quarter business optimism weakest in three years
THE BATTLE to take back Marawi City from Islamic militants, martial law over all of Mindanao and damage from the Visayas quake added to...
BSP tightens risk management rules
THE CENTRAL BANK has issued fresh guidelines that require risk management protocols of banks and other financial firms, as well as their subsidiaries.
Bangko Sentral...
Duterte’s infrastructure dev’t drive impacts Philippine tycoons’ fortunes
By Krista A. M. Montealegre
National Correspondent
HENRY SY, Sr. of the SM Group has remained the country’s wealthiest man on the Forbes Philippines’ 50 Richest...
Australia test results show Pampanga bird flu strain can infect humans
THE BIRD FLU strain in San Luis, Pampanga has been identified as H5N6 which can infect humans, an Agriculture department official said yesterday, even...
Investors bullish on Asian currencies except Philippine peso
BENGALURU -- Investors positioned themselves for further gains in Asian currencies against the dollar on expectations the US currency will soften further in the...
July marks third month of budget gap
THE GOVERNMENT saw the third straight month of deficit in July, with revenues recovering from the previous month’s fall and spending maintaining its double-digit...
Firms train sights on infrastructure opportunities with local gov’ts
By Krista A.M. Montealegre
National Correspondent
COMPANIES are racing to identify infrastructure opportunities at the local government level to satisfy their thirst for growth after the...
Fed chief risks exposing old vulnerabilities in emerging Asian economies
HONG KONG/MUMBAI/JAKARTA -- The populist leaders of India, Indonesia and the Philippines won office with promises of massive spending to upgrade their nation’s roads,...
Growth expected to stay faster than 6%
THE PHILIPPINES is poised to maintain above-six percent growth over the next four years, S&P Global Ratings said in a report released yesterday, noting...
ECB ‘taper tantrum’ risk downplayed for emerging marts
LONDON -- Emerging economies’ debt in euros has shot to record highs thanks to European Central Bank (ECB) largesse, and yet an approaching end...