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Urban decay threatens hot PHL economy

By Joel Guinto MANILA (AFP) – Manila’s creaking train network means a miserable three-hour work commute for salesman Gerard Galang – just one example of major infrastructure woes that analysts say threaten to cool the Philippines’ red-hot economy. Peak-hour hell […]
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DOF: Easing inflation to boost PHL growth

MANILA (Mabuhay) – The slowdown in inflation in September will help boost the country’s economic growth in the second semester of the year, Finance Usec. and Chief Economist Gil Beltran said Thursday. Beltran said the easing inflation allows the Bangko […]
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Reforms, infra devt, job generation are hurdles to inclusive growth – BSP Gov. Tetangco

MANILA (Mabuhay) – The road to inclusive growth is paved with good intentions… It is also punctuated by challenges in infrastructure, job generation and sustaining reforms – exactly what the Aquino administration must address in the less than two years […]
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PHL better off today with ongoing reforms, says Aquino

BOSTON, Massachusetts (Mabuhay) – The Philippines has changed a lot and has created more opportunities for its people because of the reform measures undertaken by the government, President Benigno S. Aquino III said Sunday in a speech before students of […]
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Aquino to address U.N. climate summit, meet with Filipino community during U.S. visit

MANILA (Mabuhay) — President Benigno S. Aquino III will address a United Nations climate summit, speak to American businessmen, and meet with the Filipino community when he visits the United States from September 20 to 24. “As in all of […]
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8 blast victims suffered minor injuries

By IAN JOHN M. LAGARE GENERAL SANTOS CITY – City Mayor Ronnel Rivera immediately rushed to the explosion site at Plaza Heneral Santos Tuesday evening (September 16) then visited hospitals where victims were taken to look after their safety. A blast took […]
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Aquino to France: We are more open for business

MANILA (Mabuhay) – Building on the growing European business interest in the Philippines, President Benigno S. Aquino III will meet 150 French business leaders in Paris, France, carrying with him a resounding message: The Philippines is more open for business. […]
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Remittances from Fil-Ams a big boost to PHL economy

WASHINGTON, D.C. – Remittances from Filipinos in the United States and other parts of the world helped the Philippines regain its position as Southeast Asia’s best performing economy during the first semester of the year. “The Philippine economy grew by […]
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House ways and means body raises tax exemption ceiling for bonuses to P70,000

MANILA (Mabuhay) – The ways and means committee of the House of Representatives on Wednesday approved the bill increasing the tax exemption ceiling for workers’ bonuses to P70,000. The tax exemption would cover the 13th month pay, Christmas bonus, and […]
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Palace: Improved WEF ranking means PHL more open for business

MANILA, (Mabuhay) – The latest jump in the country’s competitiveness ranking proves that the country is ready to take in more businesses and investments, Malacañang said Wednesday. “Coming on the heels of the successful WEF (World Economic Forum) on East […]