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Malacañang has welcomed a Board of Investments (BOI) report that country had double-digit growth in the first quarter (Q1) for investment pledges supported by registrations on big-ticket projects in the energy sector.

Luis Leoncio Notwithstanding its investment grade from the three chief rating agencies, the Aquino administration failed to deliver on its promise to attract foreign direct investments (FDI) into the country, which many blame for the prevailing paradox of strong growth but widespread poverty, especially in the countryside.

“Horribly expensive.” This was how a former official of the World Bank whom the multilateral agency tapped for development projects in the Philippines described the cost—in both human and material terms—of giving up on the peace agreement with the Moro Islamic Liberation Front by rejecting the Bangsamoro Basic Law or BBL

Jerry Maglunog Problems bug the country’s automated teller machines (ATMs) ranging from the low load of cash to interconnection problems and the government is hard put trying to fix it.

Forbes Media LLC, publisher of what is considered as business bible Forbes, has chosen the Philippines for its 15th annual Forbes Global CEO Conference slated on October 12 to 14.

Lito U. Gagni Banco de Oro (BDO) Unibank breached the trillion-peso mark in its loan base last year registering a huge 31.5-percent surge to P1.2 trillion, as it pursued an aggressive lending strategy that netted low-margin corporate accounts.

Luis Leoncio President Aquino’s private-public partnership (PPP) program, once touted as the centerpiece of his administration, appears to have become nothing but a butt of jokes as his administration winds down a little more than a year from today. The reason: Only 19 percent of the 29 flagship projects that were assigned with costs have been completed during the four …

Luis Leoncio A decision by the Department of Energy to send home 16 Chinese nationals working for the privately owned National Grid Corp of the Philippines (NGCP) threatens to exacerbate the tense diplomatic relations between China and the Philippines.

Riza Lozada The Bangko Sentral ng Pilipinas (BSP) will remain resilient, creative and innovative in its policies to keep the economy at a steady pace of growth.

Riza Lozada The Philippines suffers from a situation where the economy is among the fastest-growing in Asia but the jobless rate of between 6 and 7 percent is also among the region’s highest, according former Budget Secretary Benjamin Diokno.