MANILA -- Government's borrowings rose by 77.84 percent year-on-year in 2017.
Bureau of the Treasury (BTr) data showed the total financing last year amounted to PHP901.672 billion, up from the PHP507.02 billion in...
MANILA -- Loans extended by the Philippines’ banking system to the real estate sector continued to increase but share of real estate loans (REL) to bank’s total loan portfolio (TLP), exclusive of...
MANILA -- Logistics service provider LBC Express Holdings Inc. is acquiring four affiliate cargo and remittance companies based in the United States (US) for USD8.55 million, in a bid to boost its...
MANILA -- The Philippine peso remained firm against the greenback on Thursday amid the wait-and-see stance ahead of the release of US’ non-farm payrolls report on Friday but the Philippine Stock...
MANILA -- The Philippines is seen as one of the most attractive markets in Asia for household goods, with the market here projected to reach PHP249.7 billion, or around USD5.1 billion by...
MANILA -- Construction activity in the country rose 3.6 percent in the fourth quarter of 2017 on the back of higher building permits approved from non-residential construction and additions to existing structures,...
