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Now is the time to amend the ‘restrictive’ economic provisions in the Constitution

The country’s economy has been badly hit by the COVID-19 pandemic and the country has suffered heavily in economic terms.Read More

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PH ends 2020 with historic high $110-B reserves New! 2021-01-17 15:09:12MANILA, Philippines — The Philippines ended 2020 with the highest amount of dollar reserves in the country’s history as the contracting ec

Gov’t seeks $2.8B in World Bank loans New! 2021-01-17 15:08:59The Philippines is on track to borrow at least $2.8 billion (more than P134 billion) from the World Bank across 14 project loans in the pipeline to co

Neda Board extends validity of Japanese funds New! 2021-01-17 15:07:13The National Economic and Development Authority (Neda) Board has allowed a longer period for agencies to avail of Japanese financing for Light Rail Tr

93% of Filipino homes now have access to New! 2021-01-17 15:06:03Efforts toward 100-percent electrification within the term of the Duterte administration continue to lag behind the goals as the accomplishment rate i

Market poised for an upside break, may New! 2021-01-17 15:05:46The local stock barometer may test its 2019 high of 8,400 later this year in line with the upswing across emerging market and global equities. This is

Desensitized PSEi looking for motivation New! 2021-01-17 15:04:04Local stocks are seen to consolidate this week as investors await fresh incentives to come into the market in a big way. Last week, the Philippine Sto

Lessons on entrepreneurship from K-drama ‘Start-Up’ New! 2021-01-17 15:03:57One of the things I did during the holiday break was to watch the Netflix K-drama “Start-Up.” Aside from entertaining its viewers with the

Change management in the new normal: How to New! 2021-01-17 15:02:35There is a well-regarded article in Harvard Business Review by Robert H. Schaffer which defines and states that all management is change management. W

The Great Reset: Leading for the common New! 2021-01-17 15:01:59First, a look back at 2020. 2020 was unexpectedly a year of severe and multiple crises. We had and have a health crisis. The COVID-19 pandemic hit the

Lifting foreign equity limits not enough to lure New! 2021-01-17 15:00:30The proposed lifting of restrictive economic provisions in the Philippine Constitution will make the country a bit more competitive but will not be en

Lessen dependence on gov’t subsidies, DBM tells state New! 2021-01-17 14:59:53Amid a protracted fight against COVID-19 that put strain on public funds, the Department of Budget and Management (DBM) is urging state-run corporatio

Myeong-dong: Korea’s largest shopping street faces extended crisis 2021-01-17 05:06:05SEOUL — Bustling, noisy and lively — it is how Myeong-dong used to be described as Seoul’s premier shopping district. Packed with to

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BSP earnings down 14% to P34.5 billion 2021-01-17 11:00:00The Bangko Sentral ng Pilipinas reported a 14.3 percent decline in earnings to P34.5 billion from January to November last year compared to a year-ago

Making public transportation work better for Filipinos 2021-01-17 11:00:00The road to making Filipino lives comfortable through an improved public transportation took some turns for the better and worse last year amid the pa

VECO may be fined for high power cost 2021-01-17 11:00:00The Energy Regulatory Commission should demand a refund if a violation has been committed by the Visayan Electric Company because of its high cost of

More logistic firms want to provide vaccine warehousing 2021-01-17 11:00:00More and more logistics players want to participate in the warehousing requirements for COVID-19 vaccines.

Enough power supply seen by summer 2021-01-17 11:00:00Power supply is expected to be enough in the Luzon grid this summer despite the scheduled preventive maintenance shutdown of some power plants, accord

BOC to pursue modernization this year 2021-01-17 11:00:00The Bureau of Customs has vowed to continue its digitalization efforts this year as part of its 10-point priority program to improve the quality of it

Vaccine 2021-01-17 11:00:00Here in the Philippines, anyone who is anyone can already get a vaccine against COVID-19, never mind that the Food and Drug Administration has not iss

Non-life insurers see recovery this year 2021-01-17 11:00:00Non-life insurers are bullish about their recovery prospects for this year as they expect an increase in the demand for insurance and protection produ

Work with private sector 2021-01-17 11:00:00“Why does the national government want to monopolize the purchase [of the vaccines]?

Crude oil hits 11-months high 2021-01-17 11:00:00PHILEQUITY CORNER

DBP lends P150 million to modern PUV maker 2021-01-16 11:00:00State-run Development Bank of the Philippines (DBP) has provided a P150 million loan to Hino Motors Philippines Corp. to support its production and di

DA boosts supply of farm machinery 2021-01-16 11:00:00The Department of Agriculture-Philippine Rice Research Institute inked a technology transfer agreement with Val-Agri Machineries for the fabrication

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MRT-7 advances, expected to be completed by end-2021 2021-01-17 06:55:13San Miguel Corp.’s P69.3-billion mass rail transit linking North Ave. in Quezon City and San Jose del Monte City in Bulacan province is 59.72-pe

First Gen allots P6b to develop 120-MW hydro 2021-01-17 06:50:12First Gen Hydro Power Corp. of the Lopez Group is investing P6 billion to develop the 120-megawatt Aya pumped-storage project in Pantabangan, Nueva Ec

Customs raises P15.5b in tariff from 2.38m tons 2021-01-17 06:45:11The Bureau of Customs collected P15.494 billion in revenues from 2.38 million metric tons of rice imported by private traders in 2020, Customs Commiss

Gov’t secures P3.7-b grant from China to support 2021-01-17 06:40:10The Philippines and China signed Saturday an agreement on economic and technical cooperation that will provide the Philippines with a grant of 500 mil

Century Pacific maintains capex at P2b this year 2021-01-17 06:35:09Century Pacific Food Inc. said over the weekend it budgeted P2 billion in capital expenditures this year to expand production.

Gov’t loses P1.2b on Malaya plant 2021-01-17 06:30:08The government is losing around P1.2 billion annually from maintaining the 650-megawatt Malaya Thermal Power Plant in Pililla, Rizal, according to a r

60% of local firms eye cybersecurity 2021-01-17 06:25:07More than 60 percent of Philippine companies consider cybersecurity as an extremely important component in the remote work setup, according to a study

PH food exporters urged to ship to US 2021-01-17 06:20:06Philippine Trade and Investment Center-Los Angeles Trade Commissioner Eric Elnar encouraged Philippine food exporters to prepare ready-to-eat food to

Traders eyeing catalysts to shore up stock market 2021-01-17 06:15:05Share prices are expected to continue to consolidate between 7,000 and 7,300 points over the near term period as investors search for an additional mo

After dizzying roller coaster, what’s bitcoin really worth? 2021-01-17 06:10:04LONDON―After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar q

Gross international reserves surged to $110B in December 2021-01-15 08:15:00The gross international reserves rose by $5 billion in December to a record $109.8 billion at the end of 2020 from $104.82 billion in November, surpas

Stocks fall; Basic Energy, Apollo Global buck trend 2021-01-15 08:10:00The stock market retreated Friday along with the rest of Asia, as the region met Joe Biden’s $1.90-trillion stimulus proposal with a shrug.

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LIVE: 447 adverse events following vaccination seen so 2021-01-17 09:15:35Coronavirus LIVE updates: Globally, more than 94 million people have been infected, of which, 10,558,710 are in India

JNPT SEZ plans to attract Rs 4,000 cr 2021-01-17 08:57:26The Jawaharlal Nehru Port Trust (JNPT), one of the 12 major ports in the country, plans to attract Rs 4,000 crore investments from public and private

LIVE: Shiv Sena decides to contest the West 2021-01-17 08:20:21Latest News LIVE: Kevadiya station is India's first railway station with a Green Building Certification. Stay tuned for Latest LIVE news updates

LIVE: Farmers allege NIA filing cases against those 2021-01-17 07:53:58Farmers' protest LIVE updates: Thousands of farmers, mainly from Punjab, Haryana and western Uttar Pradesh, are protesting at various border points o

Plea in Delhi High Court against Lakshmi Vilas 2021-01-17 05:05:45A plea in the Delhi High Court has challenged the scheme of amalgamation of Lakshmi Vilas Bank with Development Bank of Singapore (DBS), contending th

Franklin Templeton MF's 6 shut schemes generate Rs 2021-01-17 04:47:51Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments sin

Parents of road accident victims entitled to compensation: 2021-01-17 04:31:30Parents are dependent on their children at some stage of life and it would be inequitable to deny compensation to those who lost their ward in a road

Most Indian IT firms to post high single-digit 2021-01-17 04:29:46The year 2021 will be good for India's information technology sector and most of the companies in the space are expected to clock high single digit

Ease fiscal deficit, look at higher spend for 2021-01-17 04:21:47Infra spending has thrice the desired impact, govt's Rs 111 trn National Infrastructure Pipeline should be speeded up, says Vineet Aggarwal

World Coronavirus Dispatch: How virus-laden aerosols flow inside 2021-01-17 03:51:48IMF chief urges green investment in post-virus recovery, Second wave surges across Africa, Japan's suicide rate up 16% in second wave and other pande

Excise duty collection jumps 48% this fiscal on 2021-01-17 03:47:34While the pandemic pummelled tax collection across the board, excise duty mop-up jumped 48 per cent in the current fiscal on the back of a record incr

DATA STORY: After Day 1, India's vaccination stood 2021-01-17 03:37:58India now accounts for 0.83% of all active cases globally (one in every 120 active cases), and 7.49% of all deaths (one in every 13 deaths)

Trading Economics

Philippines up to One Day Interbank Rate 2020-12-21 01:06:00Philippines up to One Day Interbank Rate was at 1.75 percent on Monday December 21. Interbank Rate in Philippines averaged 8.08 percent from 1990 unti

Philippines Coronavirus Cases 2020-12-21 00:26:00Philippines recorded 458044 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines rep

Philippines Coronavirus Deaths 2020-12-21 00:26:00Philippines recorded 8911 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines repo

Philippines - Credit Rating 2020-12-19 19:00:00Standard & Poor's credit rating for Philippines stands at BBB+ with stable outlook. Moody's credit rating for Philippines was last set at Baa2 w

Philippines Overnight Lending Facility Rate 2020-12-19 05:26:00Lending Rate in Philippines remained unchanged at 2.50 percent in December from 2.50 percent in November of 2020. Lending Rate in Philippines averaged

Philippines Passenger Vehicle Sales 2020-12-19 05:25:00Total Vehicle Sales in Philippines decreased to 7790 in November from 8988 in October of 2020. Total Vehicle Sales in Philippines averaged 5544.53 fr

Philippines Overnight Deposit Facility Rate 2020-12-19 05:22:00Deposit Interest Rate in Philippines remained unchanged at 1.50 percent in December from 1.50 percent in November of 2020. Deposit Interest Rate in Ph

Philippines Building Permits 2020-12-19 05:17:00Building Permits in Philippines decreased to 16004 in the second quarter of 2020 from 30838 in the first quarter of 2020. Building Permits in Philippi

Philippines Remittances 2020-12-19 05:09:00Remittances in Philippines increased to 2747463.70 USD Thousand in October from 2601263.30 USD Thousand in September of 2020. Remittances in Philippin

Philippines Coronavirus Recovered 2020-12-18 21:26:00Philippines recorded 420666 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines

Philippines Average Construction Cost 2020-12-18 18:00:00Housing Index in Philippines increased to 11878 PHP/SQ. METRE in the fourth quarter of 2019 from 10130 PHP/SQ. METRE in the third quarter of 2019. Hou

Philippines Gasoline Prices 2020-12-18 18:00:00Gasoline Prices in Philippines increased to 0.96 USD/Liter in November from 0.89 USD/Liter in October of 2020. Gasoline Prices in Philippines averaged

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