Friday, June 1, 2012
The Philippine economy grew by a faster-than-expected 6.4 percent in the first quarter, officials said Thursday, and fuelling optimism that one of Asia's longtime laggards is on the rise.
Tuesday, May 8, 2012
Investments in the Philippines' mining industry fell 35 percent last year after the government stopped issuing new permits, officials said Monday.1 Comment
Tuesday, April 10, 2012
Filipino consumers buried in credit card debt may have their worries eased should talks between the Bangko Sentral ng Pilipinas (BSP or the Central Bank of the Philippines) and banks on a relief system prosper.
Tuesday, April 3, 2012
Philippine oil refining giant Petron Corp. said Monday it had taken control of Exxon Mobil's downstream industries in Malaysia for a total of US$577.3 million.
Monday, March 26, 2012
During an in-depth interview with AFP at the presidential palace, Aquino pointed to a host of economic indicators to justify his enthusiasm, while displaying a relish for bare-knuckled political fights against his opponents.
Thursday, March 22, 2012
The Philippine government intends to impose far heavier taxes and tougher environmental restrictions on the mining industry, President Benigno Aquino said Tuesday
Tuesday, March 20, 2012
The World Bank said Monday the Philippines needs to accelerate reforms to allow for sustained economic growth above 5 percent a year to improve the lives of the poor and catch up with its Southeast Asian neighbors.
Monday, March 19, 2012
The Philippine government needs to improve tax and other forms of incentives for business process outsourcing (BPO) firms, or risk losing out to other locations like China and Vietnam that offer lower costs for new investors.
Thursday, March 15, 2012
More than three years since it first opened to the public, the Philippines' Ninoy Aquino International Airport (NAIA) Terminal 3 is now well on its way to being completed and becoming fully operational.
The Philippines' largest gold miner said Wednesday it is keen to invest in Myanmar as the former pariah state makes tentative political reforms and tries to lure investors with tax breaks.