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The state-owned Land Bank of the Philippines (LandBank) is on track to meet its full-year income target of P13.5 billion, on the back of steady growth for the first nine months of 2016.

The Australian-New Zealand Chamber of Commerce Philip­pines (ANZCHAM) expressed optimism on the capability of the Duterte administration to imple­ment programs that would fur­ther boost domestic growth.

Energy Secretary Alfonso Cusi said the government plans to im­port liquefied natural gas (LNG) as he presented the country’s liq­uefied natural gas roadmap during the LNG Producer-Consumer Conference in Tokyo, Japan, Thursday.

The credit-card industry proj­ects a double-digit growth rate this year in line with the continued strong growth of the economy but the govern­ment should strengthen infor­mation services on card us­ers, RCBC Bankard Services Corp. (RBSC) President and CEO Simon Calasanz said.

President Duterte said the Philip­pines is on track for an unparal­leled trajectory of growth as he highlighted the gains of his re­cent attendance at the Asia-Pacific Eco­nomic Cooperation (Apec) Economic Leaders’ meeting in Peru.

The Asian Development Bank (ADB) and the Department of Foreign Affairs (DFA) recent­ly launched a photo exhibit to commemorate a 50-year partnership that started when ADB’s headquarters was es­tablished in Manila, and which has since played a critical role in the region’s development.’

Pure fiber optic cables are the better choice to achieve faster speed and higher bandwidth for data transmission neces­sary for business productivity, technology firm Converge ICT said.

By Luis Leoncio Economic observers have ramped up their growth estimates on the Philippines after the surprise 7.1-percent gross domestic product (GDP) expansion in the third quarter, the first three months under President Duterte’s term.

By Riza Lozada President Duterte has pledged to make use of the summit of the Asian Pacific Economic Forum (Apec) in Peru to get the maximum advantage he could for the Philippines, saying the trip “that would cost the Filipino people should realize economic gains for the country.”

The peso took another beating from the US dollar last Friday as it shed 22 centavos more to end the week at 49.78 from 49.56 a day ago.