Improved infra, eased regulations to boost trade, investments in ASEAN

MANILA — Member countries of Association of Southeast Asian Nations (ASEAN) need to improve physical infrastructures and streamline regulatory processes in an effort to facilitate trade and...

Even as markets shook, many investors held steady

NEW YORK — This month’s sell-off for stocks marked the first big test of investors’ mettle in years. And many ended up doing exactly what the...

Gov’t to lose P20-B in cigarette taxes due to illicit trade

MANILA — The government is seen to lose about PHP20 billion worth of taxes from cigarette products this year alone due to the continued proliferation of...

Disbursement of TRAIN-related subsidy to start this February

MANILA – – Beneficiaries of the government’s conditional cash transfer (CCT) program receiving subsidies through automated teller machines (ATMs) will get additional funds starting this February...

Bankers group welcomes cut in reserve requirement ratio

MANILA — Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of banks’ reserve requirement ratio (RRR) to...

Economist eyes further PHP weakness after RRR cut

MANILA — An economist of ING Bank Manila forecasts the Philippine peso to weaken following the cut in Philippines banks’ reserve requirement ratio, which the Bangko Sentral...

Half of Mile Long property to be sold: DOF

MANILA — The government plans to sell only half of the 2.9-hectare “Mile Long” property in Makati City and develop the rest to gain more from the...

Mitsubishi can use CARS for PUV rehab plan: DTI

SANTA ROSA, Laguna — Department of Trade and Industry (DTI) Secretary Ramon Lopez said that the Mitsubishi Motors Philippines Corp. (MMPC) could  participate in the Public Utility...

Employment key to youth poverty reduction, inclusive growth

MANILA — Investing in the employment of young people is important to poverty reduction and the country’s inclusive economic growth, according to an Asian Development Bank (ADB)...

PSBank assures e-channel services on Chinese New Year