Business

Dominguez discounts off-cycle move

MANILA – Finance Secretary Carlos Dominguez III is optimistic the country's high inflation rate today will not affect the national budget and does not need an off-cycle measure from Bangko Sentral ng...

NAIA Consortium gains original proponent status on NAIA rehab

MANILA – The Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) have granted original proponent status to the NAIA Consortium on the proposed PHP102-billion rehabilitation of the Ninoy Aquino...

Higher importation sustains PH BOP deficit in Q2

MANILA -- Higher importation as a result of increased domestic demand continues to cause deficits in the Philippines’ current account, which in the second quarter of 2018 stood at USD2.9 billion. In a...

BPO sector critical in stronger middle class

MANILA -- The Information Technology and Business Process Association of the Philippines (IBPAP) has reiterated the industry's importance in economic advancement amid moves to slash government incentives. At the inauguration of another business...

Peso recovers but local shares down on profit-taking

MANILA -- The week's trading came to a close, seeing a recovery in the Philippine peso, but profit-taking got the better of the Philippine Stock Exchange index (PSEi) as investors cashed in...

BOI links big firms, MSMEs for inclusive business

MANILA -- The Board of Investments (BOI) said it will continue to promote the inclusive business model by encouraging stronger partnerships between big companies and smaller, community-based businesses. The BOI revealed that it...
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