JICA-funded P10-M biodiesel fuel plant in Davao is PHL’s first The city officially opened Friday the country’s first biodiesel fuel plant that can convert used oil to environment-friendly biodiesel fuel. — BusinessWorld Online Paolo off […]
PH real estate market struggles to keep pace with ASEAN neighbors Because of restrictions to foreign ownership, the Philippine property market will continue to struggle in keeping pace with its Southeast Asian neighbors in terms […]
Philippines’ 50 Richest 2017: Three Tycoons Whose Net Worths Soared The gainers hailed from a wide range of sectors, from finance and media to food & beverage and logistics. But most represented were those whose […]
Peso climbs on BSP intervention THE PESO started the week stronger versus the greenback, erasing a near 11-year low logged the previous session, after it tracked regional peers and buoyed by the central bank’s intervention […]
Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results Credit Suisse upgraded its 2017 economic growth forecast for the Philippines on the back of stronger-than-expected gross domestic product (GDP) expansion in the 2nd quarter […]
Monetary stance to remain flexible amid low inflation, ample liquidity Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said monetary policy stance remains flexible and will adjust when necessary, enhanced by an arsenal […]
Net ‘hot money’ inflow hit six-month high of $206.47M in July The Bangko Sentral ng Pilipinas yesterday reported a net “hot money” inflow of $206.47 million in July, the highest in six months, partly on […]
Uber charged with violating Public Service Act Several transport groups on Wednesday charged transport network company Uber with violation of the Public Service Act before the Quezon City Prosecutors’ Office, the first case filed against […]
Remittances hit 3-month high of $2.47B in June Filipinos working and living abroad sent more money home in June, a three-month high of $2.47 billion, partly as the peso slid to nearly 11-year lows and […]
World Bank arranges $206m catastrophe swap for the Philippines The World Bank has been involved in another risk-linked transaction with the completion of a catastrophe swap transaction that benefits the Philippines, providing the government with […]
Duterte’s China policy shift: strategy or serendipity? Departing from the previous government’s opposition to Chinese assertiveness in the South China Sea, Philippine President Rodrigo Duterte has downplayed maritime disputes in favour of pursuing close economic […]
Paolo Duterte a ‘smuggler’? Trillanes releases documents anew After presidential son and Davao City Vice Mayor Paolo Duterte was implicated in drug smuggling, opposition Senator Antonio Trillanes IV released documents anew linking the former to […]