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...

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...

Common station begins construction

Metro Manila --- After 8 years of delay, the motions of construction for the Common Station shall finally begin. At the groundbreaking ceremony in Quezon City early today, Department of Transportation Secretary...

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...

TRAIN needed for PHL to join elite club of high-income economies

Finance Secretary Carlos Dominguez III said Thursday night the Philippines has reached the “make-or-break point” in its economic emergence, with the Comprehensive Tax Reform Program (CTRP) being pushed by the Duterte...

PRRD’s bold reforms spell genuine economic change, decentralization of power to countryside – DOF

President Rodrigo Duterte’s bold initiatives to “disturb the status quo” one year into his presidency are in pursuit of his campaign promises to make economic growth inclusive for all Filipinos and...

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