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.
Friday, August 31, 2012
The Philippines said Thursday the economy grew a better-than-forecast 5.9 percent in the three months to June, largely due to a strong services sector.
Monday, August 27, 2012
The Philippines would likely see slower growth in the third quarter as the mix of indicators used to forecast economic activity registered a slight dip, the National Statistical Coordination Board (NSCB) said in a report late Thursday.
Monday, August 13, 2012
Aiming to reduce the vulnerability of Metro Manila and outlying provinces to flooding during heavy rains, the Department of Public Works and Highways (DPWH) has introduced a master plan for effective and comprehensive flood management in the region up to 2035.4 Comments
Thursday, August 9, 2012
Fitch Ratings said the exposure of the Philippine banking sector to risk of failure due to excessive lending remained low, but warned of the threat of a rising credit growth-related stress for banking sectors in the Asia-Pacific region.