MANILA - - Banks on Wednesday submitted higher bids on the Bangko Sentral ng Pilipinas’ (BSP) seven-day Term Deposit Facility (TDF) but tenders remained muted for the 28-day facility.
BSP data showed...
The Asian Development Bank (ADB) has increased available funding for the Philippines’ infrastructure-related investments from 34 percent of actual lending approvals covering the 2011-2016 period to 48 percent over the next...
MANILA -- Listed mass housing developer 8990 Holdings Inc. is earmarking PHP3 billion in capital expenditures (capex) for 2018, higher than this year’s PHP2 billion, to launch more residential projects.
Incoming president and...
MANILA -- The country needs to undertake policies to accelerate productivity growth in the long run across all sectors especially in agriculture, which remains a key sector for inclusive growth and poverty...
MANILA -- Retail prices of goods in Metro Manila declined to 2.7 percent in October 2017 from 3.2 percent in the previous month, the Philippine Statistics Authority (PSA) reported.
PSA data attributed...
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...
