TODAY'S BUSINESS HEADLINES

PHL gets highest rate in migration governance study: 'The Economist' Tue, Aug 23, 2016, 6:53 PM | Sammy Martin, Philippines News Agency

MinDA sees Mindanao as emerging economic hub in ASEAN Fri, Aug 26, 2016, 7:15 PM | Alex D. Lopez, PNA

Robredo praises BPI's 6,000-strong, millennial-led volunteerism Thu, Aug 25, 2016, 10:44 PM | Tricia Aquino, InterAksyon.com

Business confidence at all-time high for Q3 Fri, Aug 26, 2016, 7:14 PM | Joseph A. Gamboa, Philippines News Agency

DOTr bares new plans to ease NCR traffic congestion Mon, Aug 15, 2016, 3:57 PM | Gerard dela Peña, Bloomberg TV Philippines

Oil edges back in Asia after sharp losses 1:23 pm | Agence France-Presse Oil prices edged up in Asia on Tuesday, a day after retreating on a stronger dollar, but worries about a global supply glut are keeping gains in check ahead of a key producers' meeting next month.

NEDA crafting roadmap for mining industry NEDA crafting roadmap for mining industry 1:23 am | Leslie D. Venzon, Philippines News Agency Stakeholders are working to complete the development of the mining industry roadmap for strategic metallic minerals crucial in strengthening the viability and competitiveness of the…

More foreign investors express interest in nickel mining in Philippines More foreign investors express interest in nickel mining in Philippines 7:39 pm | Lilybeth G. Ison, Philippines News Agency Global Ferronickel Holdings Inc. (FNI), the second largest nickel producer in the country and the largest single lateritic mine exporter in the world, on Monday…

Cut expenses, red tape before imposing new taxes: Recto Cut expenses, red tape before imposing new taxes: Recto 1:01 am | InterAksyon.com The government must first 'save and simplify' before it imposes new tax measures that will bring in two-thirds of a trillion pesos in fresh revenues…

As Fed nears rate hikes, policymakers plan for \ As Fed nears rate hikes, policymakers plan for 'brave new world' 5:15 pm | Jason Lange and Ann Saphir, Reuters Federal Reserve policymakers are signaling they could raise US interest rates soon but they are already weighing new tools they may need to fight the…

How the Philippines can benefit from China\ How the Philippines can benefit from China's plan to revive the ancient Silk Road route 11:45 am | Tricia Aquino, InterAksyon.com Filipinos may not view China as a friendly neighbor given the dispute over the West Philippine Sea, but despite this, two economists believe that the…

MinDA sees Mindanao as emerging economic hub in ASEAN MinDA sees Mindanao as emerging economic hub in ASEAN 7:15 pm | Alex D. Lopez, PNA With the shift in the pattern of world trade and investment destinations to Asian countries, the Mindanao Development Authority (MinDA) sees Mindanao's strategic position as…

Business confidence at all-time high for Q3 7:14 pm | Joseph A. Gamboa, Philippines News Agency Business confidence at all-time high for Q3The overall business confidence index for this quarter reached 45.4 percent, the highest Q3 reading of all time, based on the Business Expectations Survey (BES) conducted by the Bangko Sentral ng Pilipinas (BSP) from July 1 to August 12.

Lotte vice chairman found dead amid probe; suicide suspected 6:40 pm | Hyunjoo Jin and Se Young Lee, Reuters Lotte vice chairman found dead amid probe; suicide suspectedOne of the top executives at South Korea's Lotte Group was found dead on Friday, a suspected suicide, hours before he was to be questioned by prosecutors conducting a criminal probe into the country's fifth-largest conglomerate.

PSEi down 11.59 points to 7,845.54 on Thursday 11:36 pm | Philippines News Agency PSEi down 11.59 points to 7,845.54 on ThursdayThe Philippine Stock Exchange Index (PSEi) ended Thursday falling by 11.59 points to 7,845.54 from 7,866.13 in the previous day.

Robredo praises BPI's 6,000-strong, millennial-led volunteerism 10:44 pm | Tricia Aquino, InterAksyon.com Robredo praises BPI\The BPI Foundation's latest venture is the Social Innovation Lab (SoIL), where the bank's employees volunteer for poverty eradication and financial inclusion programs of the foundation's partner nongovernmental organizations.

Nickel miner to pursue legal action to have suspension order vs subsidiary lifted 10:11 pm | Leslie D. Venzon, Philippines News Agency Nickel miner to pursue legal action to have suspension order vs subsidiary liftedListed nickel miner Oriental Peninsula Resources Group Inc. (ORE) on Thursday said it will pursue all administrative and legal efforts to have the suspension of the mining operations of its subsidiary lifted at the soonest time, stressing it is compliant with environmental laws and standards.

WHO ARE THE PHILIPPINES' WEALTHIEST? Forbes Philippines Rich List released 6:00 pm | InterAksyon.com WHO ARE THE PHILIPPINES\The Forbes Philippines Rich List was released Thursday (Aug. 25), with retail tycoon Henry Sy, Sr. topping the list for nine years in a row.

US banking regulators focused on cyber security after SWIFT attacks 5:37 pm | Reuters US banking regulators focused on cyber security after SWIFT attacksUS banking regulators said on Wednesday they are focused on cyber security risks and controls for US financial institutions after attacks earlier this year involving the global financial network known as SWIFT.

NTT sets up local unit, eyes computing needs of large enterprises 3:52 pm | Jose Bimbo F. Santos, Bloomberg TV Philippines NTT sets up local unit, eyes computing needs of large enterprisesJapanese firm NTT Data Asia Pacific has set up a Philippine unit by buying a local IT company for an undisclosed amount.

PSEi closes lower Wednesday 10:09 pm | Philippines News Agency PSEi closes lower WednesdayThe Philippine Stock Exchange Index (PSEi) closed Wednesday at 7,866.13, falling by 69.05 points from the previous day’s 7,907.08.

NEDA: A family of 4 needs P120,000/month to live their desired life, but we can make that cheaper 9:23 pm | Tricia Aquino, InterAksyon.com NEDA: A family of 4 needs P120,000/month to live their desired life, but we can make that cheaperA Filipino family of four will need P120,000 per month so that they can achieve their desired life, as defined by a survey by the National Economic and Development Authority of 10,000 individuals around the country early this year.

PHL gets highest rate in migration governance study: 'The Economist' 6:53 pm | Sammy Martin, Philippines News Agency PHL gets highest rate in migration governance study: \Widely respected British news magazine, “The Economist,” recently recognized the Philippines for having a well-developed migration policy governance.

Mining sector wants to amend Mining Act to allow LGUs to get taxes ASAP 6:04 pm | Shyla Francisco, Bloomberg TV Philippines | InterAksyon.com Mining sector wants to amend Mining Act to allow LGUs to get taxes ASAPThe mining industry is suggesting an amendment to the Philippine Mining Act to allow local government units to directly receive taxes paid by the mining industry.

Tax hike for oil products to push up prices of basic goods: Bayan Muna 3:34 pm | Diego Mora, InterAksyon.com Tax hike for oil products to push up prices of basic goods: Bayan MunaA proposed tax increase for oil products is counterproductive and will negate any relief people could get from the reduction of personal income and corporate taxes, according to a party-list lawmaker.

Beyond war on drugs, business sees Duterte setting up economic boom 7:39 am | Karen Lema, Reuters Beyond war on drugs, business sees Duterte setting up economic boomWhile Duterte may be getting headlines for a bloody war against drug dealers and users, less attention has been paid to one of Asia's few economic success stories.

FOCUS | US banks want to cut branches, but customers keep coming 6:42 am | Dan Freed, Reuters FOCUS | US banks want to cut branches, but customers keep comingDespite banks' nudging toward online tools, many US customers are not ready to give up regular visits to their nearest branch, complicating the industry's efforts to slim down.

Dominguez: 5.1% GDP expansion in H2 enough to sustain 2016 growth targets 11:38 pm | Joseph Albert A. Gamboa, PNA Dominguez: 5.1% GDP expansion in H2 enough to sustain 2016 growth targetsThe country needs only to sustain a 5.1-percent expansion in gross domestic product (GDP) for the second semester to achieve the government's growth target of 6 to 7 percent for 2016.