Business

NEDA: PH must reap labor gains from ‘Build, Build, Build’

MANILA -- With the expected effect of the government’s unprecedented “Build, Build, Build” program on the country’s labor demand, the government must ensure that laborers’ skills and competencies match industry needs, the...

Expert urges enhanced transparency in investments

MANILA -- There is a need to improve the information content of the country's foreign investment negative list (FINL) in order to provide potential investors with a clearer perspective of the local...

Peso, local stocks plummet anew

MANILA – The Philippine peso extended its decline for the sixth consecutive trading day, while the local bourse continued its losing streak as it fell back to the 7,400-zone on Monday. The local...

Remittances rebound in April

MANILA -- As expected by the market, remittances in April made a positive turnaround after declining in March, when there were fewer banking days due to the Holy Week holidays. Bangko Sentral ng...

BTr raises P8.4-B from T-bills bid

MANILA -- The Bureau of Treasury (BTr) managed to raise PHP8.4 billion for the national government from the PHP15-billion Treasury bills (T-bills) auction on Monday. The BTr fully awarded the 182-day debt paper...

BSP: Personal remittances in January-April hit USD10.4-B

MANILA -- Personal remittances from Overseas Filipinos (OFs) increased by 12.9 percent year-on-year to reach USD2.6 billion in April 2018. On a cumulative basis, personal remittances for the first four months of...
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