Top News

ADB meeting to tackle challenges to Asia growth

The Board of Governors meeting of the Asian Development Bank (ADB) scheduled to be held in Manila next month will tackle the global and regional challenges brought by rapid technological progress, climate change, aging populations, urbanization and infrastructure gaps in fulfilling the institution’s vision of a “resilient, inclusive, sustainable and prosperous” Asia-Pacific region.

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Philippine’s P12B Panda float sets market record

The Philippines’ inaugural issue of Panda bonds worth P12 billion last March 20 shook up the renminbi-denominated market with an “exceptionally tight debut” that marked the largest oversubscription ever of any sovereign Panda bond float, according to an International Financing Review (IFR) Asia report.

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Neda pushes for reforms to make state firms compete

The National Economic and Development Authority (Neda) is pushing for major reforms concerning state-owned enterprises to enhance market competition in the country and promote consumer welfare and public interest.

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ADB sees Philippines growth to remain Asia’s fastest

The Asian Development Bank (ADB) expects the Philippines to remain one of Southeast Asia’s fastest-growing economies in the next two years on the back of strong domestic demand and government’s rollout of more infrastructure projects.

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Manila Water cited for expansion projects in Asean

Metropolitan Waterworks Sewerage System (MWSS) Administrator Reynaldo V. Velasco lauded the Manila Water for its continuing expansion projects in the country and in Southeast Asia.

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Wahana Scam

A churchmate gently nudged me in the middle of a service recently to show a note she hastily scribbled on a piece of paper: “Bro, scam ba ang Wahana? (Bro, is Wahana a scam?).

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Neda: Outlook bright amid global rebound

Businesses in the Philippines should take advantage of the global economy’s solid footing as it is expected to support the country’s trade performance, especially in terms of exports, the National Economic and Development Authority (Neda) said.

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Naia upgrade seen to spur economy

An upgraded and efficient Ninoy Aquino International Airport (Naia) can generate inclusive and significant economic growth and create more than a million jobs across the country through tourism and investments.”

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Government eyes online payment scheme to cut red tape

The Department of Finance (DOF) is now in the process of establishing an online-based payment gateway that will enable taxpayers and other state clients to remit fees and other charges electronically to government agencies in line with the Duterte administration’s efforts to cut red tape and further improve the ease of doing business.

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MAP gives backing to tax reform part 2

A local trade group has expressed its full support for the Duterte administration’s proposed reforms in corporate taxation and the grant of investment incentives, which they described as “a bold move” to sharpen the Philippines’ competitiveness in the region. The Management Association of the Philippines (MAP) said lowering corporate income taxes will put these on par with the rates imposed …

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