Tourists trickle into Philippine paradise as latest variant stares world in its face
WAILING KIDS are at the jam-packed Caticlan seaport that leads to the world-famous Boracay Island in central Philippines.
PHL on final steps to exit 鈥榞ray list鈥 by 2025
THE PHILIPPINES has made headway in its bid to exit the Financial Action Task Force鈥檚 (FATF) 鈥済ray list鈥 by next year as it has 鈥渟ubstantially completed鈥 its remaining action items.
PHL recovery likely delayed in 2026 amid corruption drag, analysts say
THE PHILIPPINE ECONOMY may shake off its slump by mid-2026, but lingering governance issues and execution bottlenecks could delay the recovery, economists said.
The value of a solid foundation
IN CONSTRUCTING a building, you need to start with a strong steel foundation to ensure its longevity and durability.
DBM drafting simpler bill that forces punctual state spending
THE DEPARTMENT of Budget and Management (DBM) is drafting a simpler version of the proposed budget reform bill and plans to submit it to Congress in 2020鈥檚 鈥渇irst quarter.鈥
Duterte remains wary of totally reopening economy
PRESIDENT Rodrigo R. Duterte said he is not keen on fully reopening the economy at this time, as the number of coronavirus disease 2019 (COVID-19) infections continues to rise.
Employers seek delay in wage increase
A GROUP of Philippine textile exporters on Thursday asked the local wage board to delay a proposed wage increase in the National Capital Region (NCR) by a year, saying they have yet to fully recover from losses caused by the pandemic.
PHL, S. Korea strike free trade deal
THE PHILIPPINES on Tuesday concluded its negotiations for the free trade agreement (FTA) with South Korea, which is expected to boost trade and investment between the two countries as they recover from the pandemic.
Lawmakers to minimize risk of 2020 budget delay
LAWMAKERS of both chambers of Congress are moving to avoid another delay in enactment of the national budget, which has put the government鈥檚 economic growth target this year at risk.
World Bank apologizes over ‘inadvertent’ release of Philippine education report
The World Bank on Friday apologized to the Philippine government for "inadvertently" publishing a controversial report on the country's education system ahead of schedule,...
Car sales fall further in August
DOMESTIC sales of automobiles picked up in August from the previous month, but declined 14.1% when compared to the same month a year ago.
2019 budget in last-minute trouble at bicameral talks
WEDNESDAY validated expectations of 鈥渂loody鈥 bicameral conference committee talks on the proposed P3.757-trillion national budget for this year, with no less than the Senate president threatening to withdraw the version of his chamber from the table before lawmakers concerned met again on the spending plan that day.









