Tuesday, November 13, 2012
The Philippine Palace is confident that the Senate will approve by Nov. 19 the “sin tax” bill that would generate a minimum 40 billion pesos in revenue and that Congress will pass a reconciled version before the end of the year.
Wednesday, November 7, 2012
The Iloilo international airport of the Philippines will start hosting direct international flights on Thursday, a move seen as a “big boost” to tourism for Iloilo and Western Visayas region.
Tuesday, October 30, 2012
Moody's Investors Service on Monday raised the Philippines' sovereign credit rating to one notch below investment grade, citing the country's strong economic prospects and stable financial system.
Monday, October 29, 2012
Friday, October 26, 2012
The Philippine central bank trimmed its key interest rates by a further 25 basis points Thursday, saying the domestic economy needs a further boost to override weak global demand.
Thursday, October 18, 2012
A US$5.9 billion mining project by Swiss giant Xstrata in the Philippines may not begin operations in 2016 as scheduled owing to delays in getting environmental clearance, the government said Wednesday.
Philippine Secretary of Trade and Industry Gregory Domingo said yesterday the country does not rule out signing an economic partnership agreement (EPA) with Taiwan.
Monday, October 15, 2012
Not far from the world of regimented cubicles and headset-toting call center operators, a quiet revolution is stirring in its slippers.
Thursday, October 11, 2012
Philippine exports recorded their biggest slump for the year in August as demand for electronic products plunged in the United States, China and other key markets, the government said Wednesday.
Tuesday, October 2, 2012
After decades of reliance on remittances and the business process outsourcing sector, the Philippines may be on the brink of a manufacturing “renaissance” that can add a leg to its structural growth story, according to German financial giant Deutsche Bank.