Business

Security of Tenure bill should be fair to employers, workers

By Leslie Gatpolintan/Philippine News Agency MANILA -- The National Economic and Development Authority (NEDA) is pushing for revisions in the bill prohibiting labor contracting, noting the importance of investments in generating more...

TDF rises amid undersubscription

By Joann Villanueva/Philippine News Agency MANILA – The Term Deposit Facility (TDF) auction on Wednesday was undersubscribed but rates increased across-the-board. Data released by the Bangko Sentral ng Pilipinas (BSP) showed that the...

NEDA awaits DA’s submission for proposed solar irrigation

By Lilybeth Ison/Philippine News Agency MANILA -- The National Economic and Development Authority (NEDA) on Wednesday said it is still waiting for the Department of Agriculture (DA) to submit its proposal for...

Peso holds ground, but local shares stumble

By Joann Villanueva/Philippine News Agency MANILA – Risk aversion ruled the trading floor on Wednesday after the International Monetary Fund (IMF) trimmed its global growth forecast for this year and 2020, affecting...

Dominguez discounts big spending for creation of new departments

By Joann Villanueva/Philippine News Agency MANILA – Finance Secretary Carlos Dominguez III does not expect the creation of new departments, which President Rodrigo R. Duterte called for in his fourth State of...

PH to be upper middle income country by 2020

By Leslie Gatpolintan/Philippine News Agency MANILA – Socioeconomic Planning Secretary Ernesto Pernia on Wednesday said the Philippines will likely advance to an upper middle-income status in 2020 despite slower economic expansion in...
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