High liquidity because of cuts in banks’ reserve requirement ratio (RRR) resulted to the decline of the interest rate of government-issued three-year treasury-bond (T-bond) on Tuesday. AP

Cash remittances up 4 percent in April 2019

MANILA – Cash remittances from overseas Filipinos reached $2.4 billion in April, up 4 percent from the same month last year, the Bangko Sentral...

Finance department casts doubt on IMD competitiveness ranking

MANILA – Think-tank IMD, which ranked the Philippines at 46th in its most recent report on the world's most competitive economies, "does not really...

Third telco may accept subscribers as early as 4th quarter, says DICT

MANILA – The third major telco player may be ready to accept subscribers as early as the fourth quarter of this year, the Philippines'...

Business groups pledge aid for Pinoy fishers rammed by Chinese

MANILA – Several business groups on Sunday pledged to help Filipino fishermen whose boat was hit and sunk by a Chinese vessel in the...

Duterte keeps lower tariffs on some poultry products

MANILA – President Rodrigo Duterte has signed an executive order keeping reduced tariff rates on certain poultry products. Duterte signed Executive Order No. 81 on...

Liberalization reforms to take center stage in 18th Congress, says Gatchalian

MANILA – Proposals to liberalize the Philippine economy to attract foreign investments will be given focus by the coming Congress, Sen. Sherwin Gatchalian said. In...

BPO sector show no signs of slowdown, says developer

MANILA – The business process outsourcing (BPO) industry in the Philippines is showing no signs of slowing down as companies retool their workforce to...

CBAs better avenue for settling wage hike issues – biz group

MANILA – An influential business group representing mostly the manufacturing sector believes that petitions for wage increases are better settled through collective bargaining agreements...

SEC offers tips to Filipinos to spot investment scams

MANILA – How can you tell if the company or investment scheme you are putting your money in is a fraud? The Securities and...

Lower borrowing program for Q3 eyed

MANILA – National Treasurer Rosalia De Leon is considering a lower borrowing program for the third quarter of 2019 given the delay in the...