BSP under new chief to stay course on reforms

By Melissa Luz T. LopezSenior Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) will stay the reform course in the face of rising global interest rates...

Okada sues family in bid to retake gambling empire

TOKYO -- Japanese casino and slot machine tycoon Kazuo Okada has filed a lawsuit against his son, daughter and wife in Hong Kong in...

Philippines ‘more attractive’ to FDI — US report

By Ian Nicolas P. Cigaral Reporter THE PHILIPPINES has become “more attractive” to foreign direct investments (FDI), the US State Department said in a June 29...

World Bank tempers 2017 Philippine growth forecast

THE WORLD BANK has tempered its economic growth outlook for the Philippines to 6.8% for this year from an April 6.9% estimate, after official...

Infrastructure promise awaited

By Maria Eloisa I. Calderon Editor-at-Large FIVE DAYS a week, from her home in suburb Bacoor City to her Quezon City office and back, Junelyn C....

Inflation expected to have eased further in June

THE general year-on-year rise in prices of widely used goods and services likely eased further in June from May due to lower fuel and...

Power firms get reprieve from EPIRA public ownership rule

by Victor V. Saulon, Sub-editor Regulators have again given generation companies and distribution utilities temporary relief from a rule that requires them to sell to the...

Moody’s keeps Philippines grade but flags risks

By Melissa Luz T. Lopez, Senior Reporter MOODY’s Investors Service kept its rating on the Philippines yesterday, even as it flagged local political developments and...

Corporate bond demand seen healthy despite government shift in infrastructure financing

By Krista A. M. Montealegre, National Correspondent APPETITE for corporate bonds will likely be sustained even if the government takes on more debt to fund its...

Government to borrow P889.7 billion next year

By Melissa Luz T. Lopez, Senior Reporter THE GOVERNMENT plans to borrow over a fifth more in 2018 — with bulk of loans to be...

Casinos soon under dirty-money watch

CASINOS across the country will soon be covered by the anti-money laundering law after both chambers of Congress approved the measure concerned on third...

Airports to toll roads top picks amid boom in infrastructure

MANILA’S Metro Pacific Investments Corp., Indonesia’s PT Krakatau Steel and Airports of Thailand Pcl. are among the top investor picks as Southeast Asian governments...