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Talks reach dead end
Tuesday, 04.28.2015, 08:07pm

Foreign Affairs Secretary Albert del Rosario on Wednesday revealed that Manila was forced to seek international arbitration over its territorial dispute in the South China Sea (West Philippine Sea), but efforts to bilaterally resolve the tension would always run “into a dead end.”

 

‘Foreign banks to bring in FDI, support BOP’
Tuesday, 04.28.2015, 08:06pm
FOREIGN players are expected to play a crucial role in the Philippine banking industry’s ongoing liberalization, providing a much-needed boost to foreign direct investment (FDI) inflows to help maintain the country’s positive external position, the central bank said.
‘No rate hike from El Niño inflation push’
Tuesday, 04.28.2015, 07:47pm
THE ongoing El Niño dry spell, coupled with a mild firming of oil prices, could drive consumer prices higher in the months ahead but not enough to push headline inflation above the government target range and trigger a policy rate hike, ING Bank Manila said in a recent financial markets report.
PH may still grow 6.5% this year – WB
Tuesday, 04.28.2015, 07:42pm
THE World Bank still sees the Philippine economy expanding by 6.5 percent this year but only if the government fully executes its budget for the year and implements the Typhoon Yolanda (Haiyan) master plan.
Technical smuggling costing govt billions
Tuesday, 04.28.2015, 07:23pm
A source recently told The Manila Times that highly taxable items, particularly “high-value, low-volume” merchandise such as watches and jewelry, were being slipped right under the noses of Bureau of Customs (BOC) personnel through parcel packages from abroad passing through NAIA.
World Bank trims 2015 growth forecast for the Philippines
Tuesday, 04.28.2015, 07:20pm
SINGAPORE: The World Bank slashed its forecast for growth in the Philippines to 6.5 percent this year from its October estimate of 6.7 percent, but this is still higher than last year’s 6.1 percent expansion, the bank said on Monday.
  » AirAsia to add flights to Manila and KL
  » Oil firms cut gasoline prices
  » PAL inaugurates Manila-NYC flight
  » Red tide returns to two Pangasinan towns
  » Unemployment grows to 6.6%



 
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News in Pictures

The 44 Special Action Force (SAF) commandos killed in the Maguindanao clash with Moro rebels last Sunday will receive the Bravery Medal or the Medalya ng Katapangan, one of the highest recognition given by the Philippine National Police.



 
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