Economy

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...

CapEx will assure power reliability – BILECO

NAVAL, Biliran -- The top management of the only electric cooperative in the island province of Biliran assured the reliability of power supply once its Capital Expenditures (CapEx) projects will be...

Palace calls for swift passage of 2018 National Budget

MANILA -- Presidential Spokesperson Ernesto Abella relayed Malacañang’s call for the swift passage of the 2018 National Budget following its transmittal to the Senate. “We hope that the Senate can swiftly approve...

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