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By Riza Lozada  The government, finally heeding the growing demand to lower the cost of electricity—reputed to be the highest among members of the Association of Southeast Asian Nations (Asean)—has announced a plan that requires power distributors to hire foreign auction managers who would make sure that electricity is bought from suppliers at the lowest price. 

By Jerry Maglunog The country’s growing population of 101.6 million, with an average that puts the majority at working age, or what the government calls the “demographic sweet spot,” is among the primary reasons investors are starting to flock to the country. 

By Luis Leoncio  The Asian Development Bank (ADB) has issued a warning on the adverse impact of the tightening of monetary policies in the United States on foreign capital in the region, including the Philippines. 

As a growing number of local and foreign business groups continued to support a congressional initiative to reduce income and corporate taxes, a former budget official blasted the arguments raised by President Aquino in opposing it. 

By Lito U. Gagni  The government needs to fine-tune the policy focus of its mass-housing program if it must address this social-reform issue that has eluded six presidents for the past 50 years, according to Januario Jesus Atencio III, president and CEO of 8990 Holdings Inc., the country’s top housing developer. 

Iloilo City, Iloilo—Ministers of the Asia-Pacific Economic Cooperation (Apec) recognized on Friday that corruption and unethical business practices hamper micro, small and medium enterprises (MSMEs) from entering the global market. 

“Practitioners of the craft are responsible, in no small part, to the state of the Philippine society, or more accurately, to the state of the Filipino mind,” thus declared Chief Justice Ma. Lourdes Sereno when she opened the 22nd National PR Congress at the Hotel Intercontinental Manila in Makati City. 

By Luis Leoncio Senate proponents of the bill reducing income and corporate taxes are proposing a new tack to compensate for the revenue losses the government would incur.

The increasing tax burden and overregulation are the two major concerns for sustainable growth in the Philippines, according a survey conducted by the international auditing firm PricewaterhouseCoopers (PWC) among the Philippines’ top business leaders.

By Jerry Maglunog Emerging market economies (EMEs) that include the Philippines are expected to benefit from the decision of US monetary officials to maintain key rates, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said.