Threats to PH’s credit standing, pinpointed by Fitch Ratings

Official survey shows China manufacturing at highest in 27 months after mini stimulus measures

HONG KONG—Chinese manufacturing rose to the highest level in more than two years in July in the latest sign that the world’s No. 2 economy is...

IMF calls on Canada, others to raise carbon taxes, cut income taxes

OTTAWA — The International Monetary Fund says Canada and other countries can improve their economies and environment by hiking energy taxes — while cutting them on...

Philippine central bank raises overnight borrowing rate to pre-empt rise in inflation

MANILA, Philippines — The Philippine central bank has raised its key interest rate by a quarter percentage point to counter inflation. The rate the central bank...

PH expects more foreign direct investments from Japan

MANILA — Amid escalating tensions with China, the country is expecting more foreign direct investments from Japan, according to an analytics firm. IHS Asia-Pacific chief economist...

PH mng sector grows faster than global average

MANILA — The country’s manufacturing sector has outpaced global expectations during the last three years, according to a data from the National Industrial Development Organization. Federation...

Slower global growth gives BSP more room for key rates adjustment

MANILA — A slower global growth may mean more policy settings’ adjustment space for the Bangko Sentral ng Pilipinas. BSP Governor Amando M. Tetangco told reporters...

P3-B Novotel Manila-Araneta Center to open in Cubao in 2015

MANILA – The Araneta Group, the outfit behind entertainment giant, Araneta Center, is in the process of building the Novotel Manila-Araneta Center; a P3-billion hotel development...

Air negotiations between PH and HK set for October

MANILA – In a bid to establish a greater freedom in air traffic rights with the Chinese territory, the Philippines is seeking for a more extensive...

Russian businesses worry Malaysian plane crash will lead to long term isolation, sanctions

MOSCOW—Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about...