Economy

Philippine President Ferdinand R. Marcos Jr. graced the 19th edition of the China-ASEAN Expo  (CAEXPO) through a pre-recorded video message during its opening ceremony. With a strong  invitation to welcome new opportunities to the country, the president highlighted that the  Philippines is “very much open for business.”  CAEXPO is an annual international event held since 2004 with the aim of …

Convenience store chain Family Mart is now accepting loading and pay­ments through beep card, the same tap-and-go card you use for your train and bus rides.

By Luis Leoncio Despite the rise in public spending due to the costly infrastructure buildup of the Duterte administration, the share of debt to the country’s economy slid further as of September this year.

The United Kingdom (UK) plans to hold another business mission in the Philippines in the first quarter of next year, said British Chamber of Commerce of the Philippines (BCCP) chairman Chris Nelson.

The full effects of Brexit on Britain’s trading relations may not be resolved for a further 20 years, a leading economics commentator has claimed.

Standing under the scorching heat, the 57-year-old Mang Kikoy looks afar, wondering if he still has crops to harvest this season.

By Riza Lozada The International Monetary Fund (IMF) raised the need for the government to increase the fuel tax to recoup lost revenues as a result of the dwindling prices of oil products. Chikahisa Sumi, the head of the IMF mission that recently visited the country, said the increase in fuel excise taxes becomes more urgent if a tax package …

By Riza Lozada State scientists fear that 31,000 people would perish and structural losses could reach P2.3 trillion in the event a 7.2-magnitude earthquake hits Metro Manila, the Philippine Institute of Volcanology and Seismology (Phivolcs) said, based on simulations it made.

By Jerry Maglunog Pawnshops are vital businesses. They help people who run out of cash to get instant money for a modest interest of 3 percent to 4 percent a month. In the Philippines, there are several big-name pawnshops that have become part of people’s lives, especially those who need instant cash.

By Riza Lozada The government has agreed in principle to back the relaxation of the negative list for contractors to allow foreign-controlled firms to enter the booming construction activities in the country.