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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.

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.

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.

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.

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?).

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.

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.”

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.

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 …

With the Philippines’ vulnerability to disasters, the government should make social protection programs adaptive to climate change and disasters.