European chamber bats for ‘bolder’ corporate income tax reform
MANILA – The Philippines should take a "bolder" move to reduce corporate income taxes so that it can attract more foreign investors, a business...
‘Whole-of-gov’t approach’ needed to lift manufacturing sector – Pernia
MANILA – A strong whole-of-government approach is necessary to boost manufacturing growth amid the sector’s sluggish performance, the National Economic and Development Authority (NEDA)...
Dry spell yields mango surplus, says Piñol
MANILA – The El Niño dry spell has yielded a bumper harvest of mangoes in the Philippines, said Agriculture secretary Emmanuel Pinol, who is...
San Miguel seeks funding for $2.4 billion power plants
MANILA – San Miguel Corp on Thursday said its energy unit was seeking to raise funds for 2 coal-fired power plants worth $2.4 billion...
‘After budget delay, El Niño spell, PH economy to rebound in Q2’
MANILA – The Philippine economy is expected to rebound in the second quarter, from a four-year low, due to increased spending and a boost...
‘PH seen to cut interest rates despite uptick in inflation’
MANILA – The slight uptick in inflation rate last month will not stop Philippine monetary authorities from slashing key policy rates this month, London-based...
World Bank slashes 2019 growth outlook as global trade slackens
WASHINGTON, United States – The World Bank slashed its global growth forecasts for this year in a report released Tuesday that portrayed a world...
BFAR assures ample supply of tilapia amid fish kill
MANILA – The Bureau of Fisheries and Aquatic Resources (BFAR) of the Department of Agriculture (DA) recently assured there is sufficient supply of tilapia...
IMF’s Lagarde: Resolving trade tensions ‘immediate priority’ for G20
WASHINGTON – The global economy is at a "delicate juncture" which will require central banks to maintain stimulus and governments to resolve trade disputes...
Peso seen at P52 vs $1 towards year-end on trade war worries
MANILA – Global trade tensions - will weigh on the peso in the long term, with the local currency likely to hold at the...