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HSBC economist says PHL economy backed by real growth

MANILA – An economist of banking giant HSBC remains optimistic on the growth of the Philippines this 2016 because the …

Alleged money laundering involving 2 PHL financial institutions not reflective of country’s banking industry – BSP exec

MANILA – The money laundering issue involving a major universal bank and a remittance agency is not reflective of the …

IC chief cites need to include casinos as AMLA covered entities

MANILA – Insurance Commissioner Emmanuel Dooc on Tuesday stressed the need to “put more teeth” on the country’s Anti-Money Laundering …

BSP exec awaits result of Senate hearing on alleged money laundering

MANILA – An official of the Bangko Sentral ng Pilipinas (BSP) declined to comment on the alleged money laundering activities …

Palace confident Comelec will make everything to ensure the conduct of the May ’16 polls

MANILA—Malacanang is optimistic that the Commission on Elections (Comlec) will do its best for the May 9, 2016 national and …

President Aquino challenges new PNPA graduates on their new jobs

MANILA—President Benigno Aquino called on fresh graduates of the Philippine National Police Academy (PNPA) to squarely face the challenges of …

DOF chief explains government’s debt management program

MANILA – Finance Secretary Cesar Purisima decried allegations made by the Freedom from Debt Coalition (FDC), which claimed that President …

ING economist says outsourcing revenues to still support structural inflows to PHL

MANILA – An economist of ING Bank Manila remains positive on structural inflows to the Philippines amidst the slower growth …

Malacañang denies Binay’s allegations vs. LP’s use of BuB funds for Roxas’ campaign

MANILA – Malacañang on Monday decried allegations by Vice President Jejomar Binay that ruling Liberal Party (LP) is using about …

PHL economic managers cut growth forecast for 2016-17

MANILA – Economic managers on Monday cut their growth forecasts for the Philippines for 2016-17 given the weak external developments. …

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