Top News

The China-proposed Belt and Road Initiative (BRI) will help boost global trade in the long term, said a Peruvian expert. 

SM Foundation, the socio-development organization of the SM Group of Companies, was awarded the Silver Anvil Award by the Public Relations Society of the Philippines during its 52nd Anvil Awards Night. 

The Duterte administration’s goal of hitting 100 percent rice self-sufficiency level in two years, to push the Philippines to reclaim its status as rice exporter, is now a step closer to attainment. 

By Luis Leoncio Japan firmed up its commit­ment to provide funding for the massive government spending pegged at about P1 trillion a year during a meeting between Philippine officials and their Japanese counterparts in Yo­kohama, Japan on the sidelines of the recent 50th Annual Meeting of the Asian Development Bank (ADB).

The closure and suspension orders issued against mining operations by former Envi­ronment Secretary Gina Lo­pez had no impact on the lo­cal production of nickel ore, Chamber of Mines of the Philippines (CMP) Legal and Policy Vice President Ronald Recidoro said.

By Chito Lozada First of two parts When President Duterte min­gles with the region’s leaders and business executives at the Belt and Road Forum for International Cooperation in Beijing, he is opening the country to be among the main beneficiaries of an initial $100 billion that China is pumping into the initiative. He is also expected to further boost the …

Poor internet connection may have been a major contributor to the delays in government spending for the past years, resulting in the massive unspent budget allocations that ultimately slowed down the economy’c growth potential, a study by state think tank Philippine Institute for Development Studies (PIDS) said.

Trade was the main benefi­ciary of the improved bilateral relations between the Philip­pines and China as merchan­dise exports picked up in the first quarter.

Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor Espenilla Jr.’s appointment as next central bank chief would benefit not only the banking sector but the entire economy as well, a senior economist of ING Bank Manila said.

China is willing to work with members of the Association of Southeast Asian Nations (Asean) to fully im­plement the Declaration on the Conduct of Parties in the South China Sea (DOC), a Chinese Foreign Ministry spokesman has said.