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.
Monday, October 1, 2012
The controversial implementing rules and regulations (IRR) of the Philippine government's new mining policy have been suspended amid industry clamor for clarification on certain provisions, including one on the review of mining contracts, Environment Undersecretary Demetrio Ignacio Jr. said.
Wednesday, September 19, 2012
The Philippines expects to boost its revenues from call centers to nearly US$15 billion by 2016, sustaining its three-year lead over rival India, industry leaders said Tuesday.
Tuesday, September 18, 2012
The Philippine economy could grow by almost 6 percent this year thanks to improving business optimism despite a series of destructive storms in recent months, officials said Monday.
Friday, September 14, 2012
The Philippine central bank kept its key policy rate steady on Thursday, citing potential upside risks to inflation and flagging weak global economic conditions that analysts said signaled the door for further easing remains open.
Thursday, September 6, 2012
Inflation surged to a seven-month high of 3.8 percent in August, the Philippine government said Wednesday, owing to a disruption to food supplies caused by deadly floods at the start of the month.