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Dominguez pushes for upgrades in PHL land policies

MANILA—Finance Secretary Carlos Dominguez III on Wednesday said the country’s land policies and governance must be enhanced to address issues …

Tightening of US labor outsourcing rule risky for PHL, India – Moody’s

MANILA—Credit rater Moody’s Investors Service said business process outsourcing (BPO) sectors of the Philippines and India will be greatly disadvantaged …

BSP regulates use of virtual currencies

MANILA—The Bangko Sentral ng Pilipinas (BSP) has put in place a pioneering move in Asia of regulating virtual currency (VC) …

PHL foreign reserves hits USD 81 B in January ‘17

MANILA—Gross international reserves (GIR) of the Philippines rose to USD 81.04 billion in January 2017, higher than the USD 80.7 …

Municipalities, not NG, to suffer most on loss of mining taxes

MANILA –Finance Secretary Carlos Dominguez III said it is the municipalities, not the national government, that would be greatly affected …

BIR focuses on 3,000 LTS base by end- 2017

MANILA –The Bureau of Internal Revenue (BIR) is determined on hitting a 3,000-level Large Taxpayer Service (LTS) base by end …

PSEi ends 3-day loss, PHP finishes week almost unchanged ahead of US payrolls report

MANILA—Markets were cautious on Friday ahead of the release of US non-farm payrolls but the peso remained solid and the …

Fed ruling favorable to PHP but not to PSEi

MANILA—Lack of direction on when the next hike of the Federal Reserve’s key rates would weaken the US dollar to …

Gov’t debt-to-GDP ratio down

MANILA—The share of the Philippines’ general government (GG) debt to gross domestic product (GDP) went down to 35.5 percent at …

PSEi, PHP back on track

MANILA—Risk-on appetite buoyed the Philippines’ currency and equities markets Monday on investors disappointment on US president Donald Trump’s speech after …

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