In reply to a phone message from the Philippine News Agency (PNA) Monday night, BDO chief market strategist Jonathan Ravelas said Diokno, who also headed the inter-agency Development Budget Coordination Committee (DBCC) on a concurrent basis, has an edge in the central bank.
MANILA, Philippines, and TOKYO, Japan - Robinsons Bank Corporation (Robinsons Bank), a fast growing bank under JG Summit Holdings, Inc., one of the biggest conglomerates in the Philippines, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., have forged a new partnership for JCB merchant acquiring and card issuing business.
Economic managers pushed for rice tarrification to liberalize rice importation, ensuring adequate supply in the country and thus, prevent shortages. The law, which is expected to become effective on March 5, is seen to help prevent a repeat of last year's inflation surge.
German-Philippine Chamber of Commerce and Industry (GPCCI) Executive Director Martin Henkelmann said in an interview that representatives from the six German companies are set to meet local businessmen, as well as public officials, as part of scoping out opportunities in the country.
The usually-moderate Trade Union Congress of the Philippines (TUCP) confirmed President Rodrigo Duterte's observation that the number of able construction workers in the country is dwindling as it sought to call attention to their reportedly shoddy working conditions.
Senior officials completed two days of high-stakes talks in Beijing on Friday as they try to avert the US threat to more than double tariffs on $200 billion in Chinese goods, which would be an unwelcome shock to the world's second largest economy as it already has shown signs of slowing.
In his presentation during the 2019 ING Financial Markets Annual Research roadshow in Makati Tuesday, ING Bank Manila senior economist Nicholas Mapa said he expects the economy to post a 5.8 percent growth in the first quarter this year, slower than the 6.1 percent in the last quarter of 2018.
Department of Trade and Industry (DTI) Secretary Ramon Lopez told reporters Tuesday that the 1.8-percent decline in exports in 2018 was mainly due to external factors such as softening global demand and the impact of trade friction between the United States and China.
The Bangko Sentral (BSP) is optimistic that significant improvements in financial inclusion would be achieved in light of recent regulations that are expected to boost account ownership and acceptance of digital payments.
SAN FRANCISCO (AFP) - Fifteen years after its founding, Facebook has made strides toward Mark Zuckerberg's goal of connecting the world. But it has also made some huge missteps that have turned some of its cheerleaders into vocal detractors.
Singapore is a city-state that has an important role as a global business hub. Stability, good business policy, easy company formation, and low taxes are the main reasons why Singapore is an attractive business destination. Foreign companies, as well as investors in Asia, find it convenient to open their headquarters or business here, making Singapore a well-known business and trading center that also enjoys a good location in Asia.