MANILA – The Bureau of Internal Revenue (BIR) said that a Nestle dirtibutor and 6 other companies are now facing charges for their alleged evasion of...
MANILA – Amid changes in their operating environment, the Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. is urging rural banks to review their...
Ambassador Zhao Jianhua, Beijing’s envoy to Manila, said in a speech to Filipino businessmen on Tuesday that China and the Philippines should work to strengthen weak...
The price of oil extended losses to near $104 a barrel Thursday as the risk of supply disruptions in Iraq continued to recede. Benchmark U.S. crude...
BEIJING—China announced another modest easing Thursday of its currency controls, saying banks will be allowed to set their own exchange rates in dealings with customers. The...
WASHINGTON—Hiring was likely robust for a fifth straight month in June, a sign that the economic recovery, now entering its sixth year, is finally gaining meaningful...
SEOUL, South Korea—The economic relationship between China and South Korea looks like it couldn’t be better as Xi Jinping arrives in Seoul Thursday for his first...
MANILA- The Villar family, the group behind Starmalls Inc., is poised to tap the upscale and mass markets for its two new shopping mall brands....
MANILA — To further improve tourism in the region, the Department of Tourism is setting a higher budget this year for Mindanao. Chairperson Luwalhati Antonino of...
MANILA — Despite a frustrating performance in the first quarter, the country’s economic growth is seen to reach recovery in the second quarter. “While first quarter...