MANILA, Philippines—The Philippines’ investment program over the medium term is now expected to reach P4.2 trillion—more than double the amount repo
Read MoreGlobal News FRANKFURT—The euro zone slid closer to recession as Spain's economy stalled and unemployment across the 17-member bloc surged unexpecte
Read MoreTHE LATEST DRAFT of Personal Equity and Retirement Account (PERA) tax rules has been welcomed by the private sector, paving the way for an official
Read MoreA congressional push for the abolition of underperforming government-owned and –controlled corporations (GOCCs) and government financial institution
Read MoreThe Asian Development Bank will extend $3.8 billion in loans and technical assistance to the Philippines from 2011 to 2016 under its new Country Par
Read MoreGlobal News GENEVA -- World Trade Organization chief Pascal Lamy is backing a new approach to the stalled Doha round of global trade talks, sugge
Read MoreMANILA, Philippines — President Barack Obama on Friday signed three, and possibly the last of his administration, free trade agreements with South K
Read MoreThis is a re-posted opinion piece. In his second year in office, President Noynoy Aquino has to make his economic programs work or his legacy will be
Read MoreRecent fiscal numbers -- the August expenditure report and the September tax collection performance by the Bureau of Customs and the Bureau of Inter
Read MoreGlobal News This is a re-posted press release. Washington, D.C. – United States Trade Representative Ron Kirk today released a statement following c
Read MorePhilippines Quarterly Update (September 2011) The slowdown in the United States and Europe is affecting Philippine exports but the country’s strong
Read MoreRegional News The International Monetary Fund has urged the Philippines and other emerging Asian economies to watch out for rapid credit growth and
Read MoreGlobal News WASHINGTON — America’s budget crisis at home is forcing the first significant cuts in overseas aid in nearly two decades, a retrenchmen
Read MoreMANILA, Philippines - The International Monetary Fund (IMF) yesterday urged the Aquino administration to spend more, attract higher investments, and
Read MoreRegional News The global outlook has become increasingly uncertain, and the recovery is more sluggish than we envisaged just a few months ago as th
Read MoreTHE BUREAU of Internal Revenue (BIR) missed its revenue goal last month despite an annual improvement in collections. The bureau netted P66.55 bill
Read MoreThis is a re-posted opinion piece. AS we enter into the last quarter of 2011, it becomes more obvious every day that the confidence of January has tu
Read MoreRegional News Central banks in much of Asia are rapidly turning dovish as worries about the global economy supercede inflation fears, forcing a u-t
Read MoreLackluster trade to trim GDP expansion this year The Philippines cut its growth and trade forecasts for this year and the next on uncertainty over
Read MoreA STIMULUS PACKAGE expected to allow the government to meet this year’s growth goals will be unveiled today and will include funding for various inf
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