THE GOVERNMENT has opened its call to local government units (LGUs) to pitch projects aimed at disaster resilience, with authorities eyeing a month-long processing scheme to fast-track its implementation.
Oct 282015
BusinessWorld Online: Economy
Oct 282015
DAVAO CITY — The Canadian Chamber of Commerce of the Philippines (CanCham) has started conducting consultations on the proposed Canada-Philippines free trade agreement (FTA) as the private sector remains confident of moving forward with the economic partnership despite recent and forthcoming changes in the two countries’ leaderships.
Oct 282015
With the presidential election barely six months away, we can already see the candidates trying to position themselves vis-à-vis each other, and in the public’s mind. The stakes for the Philippines have never been higher. The next administration has the potential to shape the economic landscape of the country for the next 20 years. This might be the most hotly contested presidential election since after Martial Law.
Oct 272015
THE GOVERNMENT’S full-year forecast of a $2-billion surplus in balance of payments (BoP) remains within reach, the central bank chief said, while noting some revisions to initial data for adjustments on trade and portfolio investments.
Oct 272015
GENERAL GOVERNMENT (GG) debt relative to the local economy continued to decline in the first half of 2015, the Finance department said yesterday.
Oct 262015
CHINA’S MOVE to ease monetary policy and boost its slowing economy could be positive for financial markets, the chief of the Bangko Sentral ng Pilipinas (BSP) said, while noting the central bank will remain watchful of developments to assess the need to tweak policy as capital flows rebalance.
Oct 262015
CONGRESS is prepared to pass a measure that will enact a fresh round of salary increases for government workers by 2016, a senior lawmaker said, as they await a final scheme to be approved by Malacañang.
Oct 262015
“I don’t mind being taxed at a higher rate but I would like it to be given back to the people through public service and infrastructure and not corrupted by government officials.” I smiled upon hearing this from a fresh graduate when asked for her thoughts during a job interview about the proposed tax reform bill.
Oct 252015
PRIVATE SECTOR economists see inflation for 2015 logging in at 1.6%, slightly below the official target set by government and closer to the central bank’s projection for the full year, a recent survey of the Bangko Sentral ng Pilipinas (BSP) showed.
Oct 252015
REAL ESTATE investment trusts (REIT) may get a new lease on life as the government evaluates the adoption of a comprehensive tax reform program, an official of the Securities and Exchange Commission said.