Consumption lifted by remittances, lending
GROWTH in wholesale and retail trade was sustained last year on strong consumption supported by the increasing presence of online platforms for buying and...
Communications lead sectors’ slower growth
THE TRANSPORTATION, storage, and communication industry slackened in 2016, with decelerations observed almost across all sectors.
Contributing around 8% to economic output, the industry slackened...
Banks’ performance beats last year’s results
BANKS, insurance firms, and other financial companies posted higher output in 2016 in large part due to increased lending activities.
Data from the Philippine Statistics...
Sustained demand keeps real estate robust
THE REAL ESTATE sector remained strong in 2016 driven by sustained demand for residential properties and office space against the backdrop of a booming...
Casinos, resorts remain strong despite setbacks
THE COMMUNITY, business, and social services sector’s growth experienced a tempered uptick in 2016.
The sector’s gross value added (GVA) — a measure of the...
Philippines’ infrastructure challenge: A huge gap or a black hole?
BY IAN NICOLAS P. CIGARAL
WHEN President Rodrigo R. Duterte won the race to Malacañang last year, he didn’t just promise to wipe out the...
Cash-rich banks don’t view ODA as competition for funding projects
BY MELISSA LUZ T. LOPEZ
THE DUTERTE GOVERNMENT’S P8-trillion infrastructure spending plan was what local lenders were waiting for.
When it was announced in April, it...
Gov’t strengthening connectivity as telecoms search for a third player
BY KRISTA ANGELA M. MONTEALEGRE
CONSUMERS have long been clamoring for a third player to break the duopoly in the telecommunications market plagued by poor...
Mindanao train on front and center after languishing in the back burner
BY MARIFI S. JARA AND CARMELITO Q. FRANCISCO
IT’S AN OLD IDEA — a Mindanao railway — dating as far back as the late 1930s after...
LBC bets on experience, heritage as industry undergoes consolidation
BY KRISTA ANGELA M. MONTEALEGRE
AS THE BATTLE for consumers shifts online, Philippine conglomerates are marching into unchartered territory by taking over logistics companies to...
New NHMFC bonds in the offing for investors, housing developers
ESTABLISHED in 1977 by virtue of Presidential Decree No. 1267, the National Home Mortgage Finance Corp. (NHMFC) performs the crucial task of linking the...
With or without a railway system, Western Visayas ready to steam ahead
BY LOUINE HOPE U. CONSERVA
BUSINESS LEADERS in Western Visayas remain hopeful of one day seeing a railway system chug through the region’s mainland, Panay.
Understanding...