PH to rely on Japan’s help in fueling economy – DOF
MANILA – The Philippines will continue to rely on Japan as a “true and reliable friend” on the path of economic emergence and prosperity,...
Delay in entry of third telco sends bad message – solon
MANILA – The delay in the entry of a third telecommunications player that would challenge the dominance of Globe and PLDT sends a bad...
PH shares hit 19-month low in bearish trading
MANILA – Philippine share prices plunged to their weakest levels in more than 19 months on Thursday, confirming that the market had entered bear...
PH to post wider current account deficit in 2018
MANILA – The Philippine current account is projected to post a wider deficit this year due to an increasing trade gap, the Bangko Sentral...
Ride-hailing firms may charge ‘slightly higher’ fares vs taxis, says LTFRB
MANILA – The Land Transportation Franchising and Regulatory Board said Thursday it planned to release by July new fare rates for ride-hailing firms, which...
Construction of regional evacuation centers in full swing
ILOILO City – Nine regional evacuation centers located in the six provinces in Western Visayas are underway and soon be accommodating the public in...
Cash aid for poor may be increased if needed – DOF
MANILA – The government may increase unconditional cash aid for the poor to help them cope with rising consumer prices, a finance official said.
Imposing...
Bangko Sentral delivers back-to-back rate hikes
MANILA – The Bangko Sentral ng Pilipinas (BSP) tightened key policy rates anew on Wednesday, as inflation expectations remained “elevated” for the year.
The central...
Polish firms mull investing in PH, says European chamber
MANILA – Some Polish companies are interested in investing in the Philippines but are waiting for more details on the government's plan to "modernize"...
Lopez: Creating more jobs through investments better than wage hike
MANILA – Trade secretary Ramon Lopez has expressed apprehension about giving workers significant increase in wages, saying this would exert inflationary pressure on the...