The Philippines is unlikely to sustain its above-trend economic growth if it fails to ramp up infrastructure spending, according to an economist from HSBC.Read More »
The Philippines is unlikely to sustain its above-trend economic growth if it fails to ramp up infrastructure spending, according to an economist from HSBC.
The Bangko Sentral ng Pilipinas (BSP) is looking into how it can regulate bitcoins or virtual currencies that are already being exchanged in the country.
The Department of Transportation and Communications (DOTC) will push for the extension of the corporate life of Philippine National Railways (PNR) so it can help ease traffic, which is expected to worsen with the start of two major infrastructure projects in Metro Manila.
The government of Japan has committed P250 million in official development assistance (ODA) for the Philippines' next-generation vehicle project.
SEAIR International Inc plans to mount chartered flights to Taiwan.
The government is amending the Bill of Rights for Air Passengers and Carrier Obligations to plug some loopholes that defeat the goal of protecting consumers.
The Maritime Industry Authority (MARINA) has launched a system that would cut the permitting process for acquiring ships.
(UPDATED 7:23 p.m.) The Philippine Stock Exchange (PSE) is delisting the property company of former trade minister Roberto V. Ongpin over repeated violations of the bourse's disclosures rules.
Philippine Veterans Bank (PVB) plans to double its retail loan portfolio with the expansion of its mortgage lending this year.
The maker of C2 tea drink and Jack 'N Jill snack food will begin next week the construction of a bagasse-fired power plant in Negros Occidental, marking the food manufacturer's foray into power generation.
The country's rice requirements for the next two months are already covered but buffer stocks with the government has fallen below minimum last month.
San Miguel Corp (SMC) president Ramon S. Ang has resigned from the board of two companies owned by former trade minister Roberto V. Ongpin.
Energy Development Corp (EDC) has brought back online another geothermal power facility at the Unified Leyte Geothermal Power Plant Complex in Leyte.
Philippine share prices succumbed to profit-taking on Wednesday, as investors remained cautious following the overnight weakness on Wall Street and lingering economic uncertainty in China.
Remember the gun-totting, Porsche-driving Customs messenger who shot another motorist two years ago? He has been slapped a P20,000-fine and now faces forfeiture of his retirement benefits.
The holding firm of the Aboitiz family posted a double-digit decline in net profit last year dragged by the weakness of its flagship power business.
Three out of eight doctors in Cebu and Davao declared less income tax dues than the average public school teacher, said the latest campaign advertisement by the Bureau of Internal Revenue (BIR).
German companies in the Philippines have appealed to former President and now Manila Mayor Joseph Estrada to lift the truck ban in key city routes saying delays in delivery will lead to losses for manufacturers and retailers.