THE Housing and Land Use Regulatory Board has the power to compel real estate developers to disclose their financial condition on a regular basis, the Department of Justice (DoJ) said.
May 122016
BusinessWorld Online: Economy
May 122016
AT LEAST two competitors are expected to challenge the Metro Pacific group’s unsolicited proposal to build the P23.2-billion North Luzon Expressway (NLEx) and South Luzon Expressway (SLEx) Connector Road, which will be subject to a Swiss challenge in July.
May 112016
THE PHILIPPINE economy likely grew by 6.6% in the first quarter, an economist at ING Bank N.V. Manila said, which would allow the central bank to keep monetary policy steady while financial markets also await more guidance on the policy track of the next president.
May 112016
PHILIPPINE factories ramped up production for the ninth straight month in March, led by the double-digit growth in 10 out of the 20 major sectors.
May 112016
In the past few years, our country’s credit rating has improved. From being tagged as the “sick man of Asia,” the Philippines is currently rated “investment-grade” by three of the major global credit rating agencies. Based on the publications issued by the outgoing administration, the increase in rating can be attributed to the strong performance of the service sector, trade, real estate and business activities, and manufacturing and construction subsectors.
May 102016
INVESTMENTS in major mining projects last year totaled $924.94 million, down by 22.5% from the total investments of $1.193 billion in 2014, the Mines and Geosciences Bureau (MGB) said in a statement on Tuesday.
May 102016
ENERGY Secretary Zenaida Y. Monsada has enumerated a list of ongoing and unfinished initiatives that she hopes the next administration will continue.
May 102016
REPOWER Energy Development Corp. has partnered with food and fishing conglomerate Frabelle and TSP Marine Group to embark on a 3-megawatt (MW) run-of-river mini-hydropower plant in Upper Labayat in Quezon province.
May 092016
THE PHILIPPINES will become increasingly dependent on Southeast Asian countries for imported goods amid the region’s economic integration, the Department of Finance (DoF) chief economist said.
May 092016
THE Philippines is expected to maintain a current account surplus this year given expectations of sustained double-digit growth in the business process outsourcing (BPO) sector, with the industry estimated to have grown by 16.4% in 2015.