Tourism contributed the most to the economy among its sub-sectors in 2012, according to the National Statistical Coordination Board (NSCB).Read More »
Manila Electric Co (Meralco) is hiking its capital spending in 2014 mainly to improve its distribution system amid robust economic activity.
The holding company of billionaire Andrew Tan has joined Forbes Asia magazine's list of the best-listed firms in the Asia-Pacific region.
Land Bank of the Philippines is lending out P300 million to the Iloilo provincial government to help finance the repair of hospitals damaged by Typhoon 'Yolanda'.
The state deposit insurer received the biggest subsidy from the national government at the start of the fourth quarter, according to the Bureau of Treasury.
Despite the devastation caused by Typhoon 'Yolanda' in coconut-growing Eastern Visayas, the industry said it has enough supply to meet its export target for this year.
Philippine Long Distance Telephone Co (PLDT) will provide free prepaid SIM cards -- with a load to boot -- for its wireless landline service in typhoon-hit areas of the Visayas.
To tackle what development experts call "a malnutrition epidemic" and with general elections looming, India stood firm on a massive food subsidy scheme to feed its poor at last week's global trade talks in Bali.
AirAsia Zest plans to acquire five more aircraft in the next 12 months for its overseas expansion. Joy Caneba, AirAsia Zest executive vice president, told reporters flown in here from Manila that the airline expects two A320s this month and another three by next year.
Three out of five bidders for the P1.72 billion common ticket scheme of Metro Manila's mass rail services have been qualified for the next round of the auction.
Global equity markets surged and the dollar rose against the yen on Friday after stronger-than-expected U.S. jobs data gave investors confidence the economy is strong enough to withstand an expected reduction in Federal Reserve stimulus.
One of the three Americans who won this year's Nobel prize for economics said bloated public deficits on both sides of the Atlantic meant that recession remained a real risk for 2014.
Commerce ministers capped days of hard negotiations Saturday by approving a WTO agreement on international commerce they hailed as a "historic" boost for the trade body.
Trade ministers from the United States and 11 other countries will open talks in Singapore on Saturday in an attempt to meet a US deadline to forge a trans-Pacific trade pact before the end of the year.
The Philippines has "temporarily suspended" its international media and advertising campaign for 'It's More Fun in the Philippines,' in deference to the continuing recovery and relief operations for the survivors of Yolanda.
The Philippine National Bank (PNB) is waiving its inter-branch fees for cash deposit and withdrawal in provinces devastated by Typhoon ‘Yolanda in Eastern Visayas.
The Philippines is asking Japan to expand the list of farm products that would qualify for duty-free entry under their bilateral free trade agreement.
In a bid to speed up the project, the government is willing to let the private sector pursue the feasibility study on the proposed natural gas pipeline that will run from Batangas to Manila (Batman 1).
The Department of Energy (DOE) will release a guidebook on how consumers can avail of solar and other renewable energy installations.