Business

PH urges nations to ensure industrialization brings inclusive growth

MANILA -- The Philippines is urging other countries to work together to ensure all sectors benefit from robust economic growth amid industrialization and technological advancements. Socioeconomic Planning Secretary Ernesto Pernia noted that...

Consumption to remain as PH’s major growth driver: HSBC economist

MANILA -- Consumption is seen to remain among the major growth drivers of the Philippine economy and counter the impact of negative developments overseas. In a research, HSBC economist Joseph Incalcaterra said...

8990 Holdings to launch P60-B projects next year

MANILA – Listed mass housing developer 8990 Holdings Inc. will introduce to the market next year five projects worth PHP60 billion, to boost its revenue target of PHP14 billion after posting...

PEZA mulls perks for local SMEs in manufacturing

MANILA -- The Philippine Economic Zone Authority (PEZA) is crafting a new policy to boost local small and medium enterprises (SMEs) in the manufacturing sector, its top official told the Philippine...

Megaworld township sees 250K jobs for Kapampangans

CLARK FREEPORT — Megaworld’s Capital township in Pampanga is set to generate around 250,000 direct and indirect jobs in business process outsourcing (BPO), transport, retail, food, and construction sectors for Kapampangans. Eugene Em...

IFC urges PH to pass measures to hike access to MSMEs

MANILA -- The World Bank's corporate arm, the International Finance Corp. (IFC), has urged the Philippines to prioritize the passage of legislation that will increase access to finance micro, small and...
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