Finance
DOF wants Landbank, GSIS to refinance public teachers’ loans
Finance Secretary Carlos Dominguez III called on the Land Bank of the Philippines and the Government Service Insurance System (GSIS) to work out an easy-to-pay, low-interest refinancing program for loans incurred...
ASIA
PHL, China cite need to prioritize 8 projects for speedy implementation
BEIJING—Philippine and Chinese officials cited Wednesday the efforts by the two countries to further streamline and expedite the approval process on the first “basket” of infrastructure projects, which initially prioritizes eight...
Economy
Dominguez assures prospective investors gov’t moving to ease foreign ownership limits
Finance Secretary Carlos Dominguez III has assured Japanese businesspersons that the move to relax foreign ownership restrictions in certain industries via amendments to the Constitution might commence next year in fulfillment...
Economy
Peso, PSEi finish week with gains
MANILA -- Volatility in the financial market continues to affect the Philippines’ financial markets but on a positive note with equities market recovering amid foreign selling and the peso improving against...
Economy
PH to remain active in global capital markets — Dominguez
MANILA -- The Philippines will remain active in the global capital markets and is eyeing not just a Panda bond issuance but also a Samurai bond issuance. Finance Secretary Carlos Dominguez III...
Business
Fitch Ratings notes gains on new reporting rules for real estate loans
MANILA -- Fitch Ratings on Thursday cited the Bangko Sentral ng Pilipinas' (BSP) new requirements for enhanced reporting from banks on property lending and project finance, saying this will help detect risks...