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MANILA, Philippines — A credit rating agency is seeing local telecommunications companies infusing more investments next year amid “regulatory pressure and looming competition.” Fitch Ratings said in a statement Friday…
MANILA, Philippines—The Bureau of the Treasury has raised a record P516.3 billion from the sale of three-year retail treasury bonds (RTBs) dubbed as “progreso bonds” to small investors despite a…
The Philippines’ macroeconomic fundamentals remain sound despite a record contraction of gross domestic product due to the impact of the coronavirus pandemic, according to the central bank chief. Bangko Sentral…
MANILA, Philippines—The share of the national government’s debt to gross domestic product (GDP) climbed to 48.1 percent at the end of the first half of the year as the economy…
Noreen Marbella and her late husband Winston could have opted to join their children in the nearby condo that their daughter bought a few years ago. But occasional visits to…
AGI president Kingson Sian and Emperador president Winston Co Tycoon Andrew Tan-led Emperador Inc. (EMP) will rejoin the Philippine Stock Exchange index (PSEi) effective Aug. 17, replacing Semirara Mining and…
Nuvali: ALI’slargest eco-city andmixed-use estatedevelopment Property giant Ayala Land Inc. saw a 70 percent year-on-year drop in first semester net profit to P4.5 billion as the lockdown of Metro Manila…
TOKYO — Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy.…
ADB’s infographic on the $2.75-billion Malolos-Clark railway project Yuchengco-led construction firm EEI Corp., in partnership with Spanish infrastructure firm Acciona, bagged a deal to build a 6.5-kilometer segment of a…
MANILA, Philippines — Without a vaccine yet to prevent COVID-19’s spread, President Duterte’s economic managers have tempered growth expectations for next year despite recovery from this year’s recession. The Cabinet-level…
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