Philippines outsourcing: ‘Customers want people, not robots’ In a Manila call centre, Sarah Prestoza spends hours helping exasperated callers on the other side of the world troubleshoot problems with their internet connections. — BBC News […]
Central bank revises 2017 net FDI forecast up to $8B The central bank revised its forecast for net foreign direct investments (FDI) this year up by $1 billion on perceptions of improving local economic indicators […]
Foreign debt slips to $73.8 B in March The country’s foreign obligations decreased 4.9 percent in the first quarter as key external debt indicators remained at comfortable levels, the Bangko Sentral ng Pilipinas (BSP) reported […]
PHL in bottom third of global digital competitiveness ranking THE PHILIPPINES placed 46th out of 63 economies in a global ranking on digital competitiveness conducted by the International Institute of Management Development (IMD). — BusinessWorld […]
PH seen as ASEAN’s next ‘tiger economy’ Although a worsening infrastructure deficit, poverty and underemployment, and weaker global export demand have presented challenging headwinds, the Philippine economy is on track to surpass recent highs, making […]
RoK to lend Philippines one billion USD to develop infrastructure The Republic of Korea will provide a loan of one billion USD for the Philippines to develop infrastructure, according to Yonhap news agency. — Vietnam […]
GE sees PHL saving P10 billion in power cost in 25 years OFFICIALS of American giant GE said last week the Philippines could potentially achieve $10 billion (P495.45 billion) in savings over a 25-year power-plant […]
AIIB to approve $150M financing for MM flood project CHINA-LED Asian Infrastructure Investment Bank (AIIB) may approve this week $150 million to finance a Philippine project to improve flood management in Metro Manila, according to […]
Philippines Eyes $2B Storage Facility For LNG Imports The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to replace depleting domestic gas reserves that now produce a […]
Low prices to pile more pressure on beleaguered nickel miners Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore pushes prices to one-year lows, […]
Philippines halts workers’ deployment to Qatar The Philippines on Tuesday halted the deployment of workers to Qatar as the gas-rich Gulf state grappled with a diplomatic crisis after its neighbours cut ties with Doha. — […]
World Bank sees steady 6.9% Phl GDP growth The World Bank expects a steady economic growth for the Philippines until next year, driven by public and private investment. — The Philippine Star Tax bill passage […]