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Economists and economic managers are confident that with the spike in infrastructure spending, the economy will maintain its position as one of the fastest-growing economies in Asia with a sustained growth path over the next few years.

Association of Southeast Asian Nations (ASEAN) members should focus not only on economic interests but also on the wider needs of their people as the region moves toward economic integration, Datuk Seri J. Jayasiri, secretary-general of Malaysia’s Ministry of International Trade and Industry, said.

Listed chemical products distributor SBS Philippines Corp. has signed a deal with The Coca Cola Export Corp. (TCCEC) to acquire a 4.7-hectare warehouse facility in Calamba City in Laguna for P520 million.

The interagency Mining Industry Coordinating Council (MICC) will start this month its “fact-finding and science-based” review of an initial batch of 26 mine sites ordered either suspended or shut down last year by the previous leadership at the Department of Environment and Natural Resources (DENR), following the completion of the list of 25 experts who will undertake this reevaluation.

By Luis Leoncio Controversy hounded the Congress’ ratification of President Duterte’s revenue enhancement bill, the controversial Tax Reform for Acceleration and Inclusion (Train) as taxes on coal, mining, and tobacco were raised.

By Riza Lozada The government is setting up a community-based economic zone in Marawi City to help speed up the recovery of the city which was devastated by five months of fierce battle between Islamic State (IS)-inspired militants and government forces.

In another vote of confidence on President Duterte’s economic program, the Asian Development Bank (ADB) scaled up its growth forecast on the Philippines to 6.7 percent this year and 6.8 next year from earlier estimates of 6.5 percent and 6.7 percent expansion previously, the ADB’s Asian Development Outlook Supplement (ADOS) showed.

Local Rizal Commercial Banking Corp. (RCBC) and top Bangladesh officials traded accusations over the almost two-year joust on the $81 million stolen from the Bangladesh Central Bank in a cyber heist of a Chinese group that operates from the Philippines.

Healthy exports growth, economic cooperation, and trade facilitation initiatives will sustain the country’s trade growth which recorded a double-digit growth last October, Socioeconomic Planning Secretary Ernesto Pernia said.

Barely ten months after receiving the International Standardization Organization (ISO) 9001:2008 Certification for Quality Management System (QMS), the Philippine Amusement and Gaming Corp. (PAGCOR) has successfully transitioned to ISO 9001: 2015.