MANILA (AFP) - - The Philippine Long Distance Telephone Co. (PLDT) said Tuesday core net profit in the first nine months rose 11 percent year-on-year but warned recent storms may dampen prospects in the last quarter. More »
MANILA (AFP) - - The Philippine Long Distance Telephone Co. (PLDT) said Tuesday core net profit in the first nine months rose 11 percent year-on-year but warned recent storms may dampen prospects in the last quarter. More »
(Repeating story first sent on Nov 2)
The Philippine government should factor in the effects of climate change to ensure that it imports just the right amount of rice for the countrys needs, a public think tank said.
MANILA, Nov 2 (Reuters) - The head of the Philippines' Bureau of Internal Revenue (BIR), which brings in most of the government's revenues, has resigned over the agency's failure to meet its targets, the president's office said on Monday.
MANILA, Nov 1 (Reuters) - The Philippine central bank will not impose measures to control foreign capital inflows into the country to limit the peso's gains against the dollar, deputy governor Diwa Guinigundo said at the weekend.
Imposing oil price controls would result in reduced supplies, a Philippine central bank official warned on Friday, one day after the government released rules covering the scheme.
A Filipina who founded a company that makes food from algae became the latest awardee of the Cartier Womens Initiative Award.
Lenders all across Asia were urged to become catalysts for banking reform, especially after emerging markets remained resilient in the face of the global economic meltdown.
* Manila c.bank may raise 2009, 2010 average CPI forecasts
The Department of Energy (DOE) released regulations covering a presidential order that puts a cap on oil prices.
MANILA - The local economy may have averted the full impact of the global crisis as it managed to post positive growth for the first 2 quarters of the year. But according to Philippine Institute for Development Studies (PIDS) President Josef Yap, the country's declining tax effort may be a major roadblock to achieving the Millennium Development Goals (MDG) by 2015.
The Philippines allotted more money for debt payments despite efforts to consolidate obligations, which is seen to make more funds available for infrastructure and social spending.
MANILA (AFP) - - The Philippines is aiming to be one of the next nations to cash in on China's insatiable appetite for resources, with the Asian neighbours working to build closer mining ties, officials from both sides say.
The Philippines has identified and given priority to four projects that will help hasten recovery after the country reeled from the damaging effects of two typhoons.
MANILA - The government spent a total of P549.016 billion in the first 9 months of the year to service its debts, up 2%% from the P537.352 billion it spent in the same period last year.
MANILA – If efforts to reform the Philippine Stock Exchange (PSE)—including legislated reforms and products to entice investor interest—have been barely enough to create a deeper and richer equity capital market in the country, perhaps the better approach is for external forces to jolt the local exchange.
A government order putting a price cap on fuel will prompt Petron Corp., the Philippines largest oil company, to incur P1.5 billion losses for the last quarter.
MANILA - A group of development financing institutions (DFI) in the Asia Pacific region has inked deals with key agencies to help small and medium enterprises (SMEs) enhance their business viability and sustainability.
The government on Wednesday warned of harsher measures against oil firms if they resort to rationing their fuel supplies.
The National Food Authority (NFA), which sells high-quality rice at lower than market prices, sold 10-year bonds in a public auction on Tuesday.
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