Tuesday, January 15, 2013
The government's anti-corruption efforts helped push the Philippines' global ranking in terms of economic freedom by 10 notches to 97th among 177 countries and territories.
Wednesday, January 2, 2013
Infrastructure bottlenecks continue to choke the aviation sector as more foreign carriers, unable to find slots in most major airports in the Philippines, are deterred from mounting flights to the country.
A "sin tax" on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines Tuesday, as part of a government bid to boost finances.
Saturday, December 29, 2012
From overseas Filipino workers (OFW) to entrepreneurs.
Thursday, December 27, 2012
The Philippines' chief economist expects to see a more vibrant industry sector in 2013 as the government focuses on key industries and strives to ease the processes and costs in doing business.
Wednesday, December 26, 2012
Having the second fastest growing economy in Asia and a stable political environment, the Philippines experienced a surge in investments, particularly in the high-end luxury sector of its hospitality market, according to a report by C9 Hotelworks.
Tuesday, December 25, 2012
More and more Chinese are coming to the Philippines again following a slowdown arising from the deepening of the territorial dispute between Manila and Beijing over the Scarborough Shoal early this year.
Friday, December 21, 2012
Two Philippines-based subsidiaries of Taiwan's electronics conglomerate Kinpo Group opened new factories in a Philippine industrial park south of Manila Wednesday.
Thursday, December 20, 2012
Philippine President Benigno Aquino on Wednesday signed into law a 2.005-trillion-peso (US$49 billion) budget for 2013, vowing to use higher taxes on tobacco and alcohol to boost programs to reduce poverty.
Tuesday, December 18, 2012
One of the cheapest places in the world to light up is about to make smoking more expensive. In an effort to cut high smoking rates, Philippine lawmakers have voted to more than double the cost of cigarettes with hefty tobacco tax hikes on some popular brands.