Economy

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...

P1.6-B agri-fishery ‘Yolanda’ funds unspent in E. Visayas

TACLOBAN CITY -- At least PHP1.6 billion meant for the recovery of agriculture and fishery sectors ravaged by the 2013 super typhoon in Eastern Visayas remained unspent, the Department of Agriculture (DA)...

Bank execs back cut in banks’ reserve requirements

MANILA -- A cut in Philippine banks’ reserve requirement ratio (RRR) will boost financial institutions’ ability to expand their lending operations to further help the vibrant domestic economic activities. To date, universal...

BOI approves P1.13-B tourism projects

MANILA -- The Board of Investments (BOI) has approved three tourism projects worth PHP1.13 billion. Hotel and resort projects of Ayala Land Hotels and Resorts Corp., UC-1 Corp., and 888 Subic, Inc. got...

Infra, education key to realize PH growth potential

MANILA -- Accelerating investment in education and infrastructure could boost the Philippines' economic growth and realize its full potential. Edwin Bautista, president and chief executive officer at UnionBank of the Philippines, cited...

PH still a sweet spot for investors

MANILA --The Philippines remains a sweet spot for investors,  government officials and company executives said during the Euromoney Philippine Investment Forum Monday. Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said...

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