Business

Any cut in banks’ RRR not a shift of policy reforms: Espenilla

MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. on Thursday said any cut in banks’ reserve requirement ratio (RRR) should not be considered as a shift of...

Palace guarantees more gov’t assistance for MSMEs

Baguio City — Malacañang on Thursday, February 1, assured Filipino entrepreneurs of the government’s sustained commitment to create a more conducive environment for small businesses, through the establishment of additional Negosyo...

Foreign investors now consider Davao biz location

DAVAO CITY -- The Davao City Chamber of Commerce and Industry Inc (DCCCII) is expecting an influx of more foreign investors who regard Davao as the new location of their businesses. Newly-installed...

JTI chief vows to help gov’t stop cigarette smuggling

MANILA -- The head of JT International Philippines Inc. (JTI Philippines) is willing to share with the government information that will help address cigarette smuggling in the country. In a statement Wednesday,...

BSP sees 3.4-4% inflation for January

MANILA -- Higher oil and commodity prices are seen as upside risks for Philippines’ inflation rate in January 2018 and bring the rate between 3.5 and four percent. In a statement, the...

Top biz exec says PH growing 6.7% this year is doable

MANILA -- A top executive of Difference Group, a global provider of multipolar advisory services, sees the Philippines to sustain its economic growth this year and 2019. Difference Group Chief Executive Officer...
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