PH has ‘potential’ to become Asia’s fastest-growing economy, says ADB
NADI, Fiji – The Philippines has the "potential" to become the fastest-growing economy in Asia, propelled by an unprecedented infrastructure overhaul, tax reform and...
SEC looking at 5-year period for listed firms to comply with 20% public float
MANILA – The Securities and Exchange Commission (SEC) on Tuesday said it is now looking at imposing a five-year compliance period to give listed...
Labor group to seek wage hike in four more areas
MANILA – A labor group said Wednesday it would file petitions for a wage increase in 4 more areas, after seeking an adjustment in...
SRP on cement to be studied, but no need for now, says DTI
MANILA – While current market conditions do not warrant the imposition of a suggested retail price (SRP) on cement, the Department of Trade and...
Processing of rice imports to take maximum of 28 days
MANILA – Rice importation is set to take a month – with the processing of permits to be shortened to a maximum of 28...
S&P raises Philippines’ credit rating, citing strong economy
MANILA – S&P Global said Tuesday it raised its long-term sovereign credit rating for the Philippines, citing above-average economic growth, a healthy external position...
Labor chief seeks wider authority over foreign workers
MANILA – Labor secretary Silvestre Bello III said Thursday his office should be given more powers to address the influx of illegal foreign workers...
S&P upgrade of PH rating due to gov’t 10-point agenda – DOF chief
MANILA – Finance secretary Carlos Dominguez III on Tuesday attributed to President Rodrigo R. Duterte’s leadership the upgrade by Standard and Poor (S&P) of...
PH economic growth to bounce back in first quarter – Nomura
MANILA – Economic growth will likely recover in the first quarter, with the Bangko Sentral ng Pilipinas (BSP) poised to loosen policy as inflation...
DTI sees rice prices declining further amid tariffication
MANILA – Rice prices can go down to as low as P30 to P32 per kilo possibly this year as the new law easing...