THE LANDMARK ruling favoring the Philippines against China in its territorial row over the West Philippine Sea is unlikely to affect the local economy, Moody’s Investors Service said, and will not merit adjustments to the country’s investment grade rating.
THE NEW administration should try to diversify the country’s growth drivers to maximize its potential, economists from the Australia and New Zealand (ANZ) Banking Group Ltd. said, as risks from underspending has shifted to nagging concerns about the country’s agriculture sector.
THE new president of the Israel Chamber of Commerce of the Philippines (ICCP) hopes to attract more Israeli businesses to the Philippines, with a focus on agriculture and information and communications technology.
DAVAO CITY — The incoming administration of President-elect Rodrigo R. Duterte will implement interventions on agriculture for the country’s 10 poorest provinces.
THE PHILIPPINES is set to remain among the best-performing economies in the region, with a qualified set of incoming managers seen to step up the already strong fiscal footing laid out by the Aquino administration.
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.
JOINING the Trans-Pacific Partnership (TPP) has become imperative for the Philippines because of recent indications that foreign investors have sounded off their intensions to relocate to economies that offer a greater advantage because of their membership to the trading bloc.
ING BANK N.V. expects new opportunities in wind energy projects in the Philippines even after the country reached an operational capacity of 400 megawatts (MW), which it said was the highest so far in the region.
THE UNITED STATES is engaged in talks with the Philippines to address areas of reform to get the country ready for the Trans-Pacific Partnership (TPP), with Washington considering it to be a significant economy that will eventually join the free-trade bloc “down the road,” Ambassador Philip S. Goldberg said.
THE EUROPEAN Commission has adopted its first monitoring report on the Generalized System of Preferences (GSP) that included an assessment of the Philippines’ implementation of 27 international conventions.