Duterte picks Diokno as new Bangko Sentral chief

MANILA – President Rodrigo Duterte has chosen Budget secretary Benjamin Diokno as the new governor of the Bangko Sentral ng Pilipinas (BSP), the Palace...

‘Universal Health Care paves way for gov’t-private sector deals’

MANILA – The passage of the Universal Health Care Law is an opportunity for the government to partner with the private sector and ultimately...

Inflation seen returning to BSP’s target range

MANILA – Philippine annual inflation likely returned to the central bank's 2-4 percent target range in February, a Reuters poll showed, reducing the pressure...

Farmers have nothing to fear from rice importation – Piñol

MANILA – Agriculture secretary Manny Piñol on Saturday argued that farmers need not worry about the government's plans to liberalize rice importation as this...

No debt trap for developing countries, assures China political advisory body

BEIJING – The Chinese government does not plot any debt trap for developing countries, where it extends loans to fund infrastructure projects, China’s top...

Rice tariffication a big help in reaching 2019 inflation target, says DOF official

MANILA – A Department of Finance official on Sunday said the rice tariffication law will be the biggest contributor in reaching the target inflation...

Skills upgrade, help desks: Senate bets tackle age-discrimination in hiring

MANILA – Several Senate bets on Sunday laid out plans to combat age discrimination in employment and force companies to comply with an existing...

Gasoline prices up, diesel and kerosene down today

MANILA – Pump prices of gasoline will be increased for the fourth consecutive week today, Tuesday, while those of diesel and kerosene will be...

Philippine peso surprises to become Asia’s best currency

MANILA – The Philippine peso has defied a yawning current-account deficit to emerge as Asia’s best-performing currency in February. And it may continue to...

Create more jobs, apply profit-sharing scheme to end ‘endo’ – Congress bets

MANILA – Contractualization in labor will stop when more jobs become available for Filipinos, senatorial aspirants said during Sunday's "Harapan 2019: The ABS-CBN Senatorial...