Business & Economy

Small mining sites identified

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DAVAO CITY -- The Mines and Geosciences Bureau (MGB) has identified six sites in three Compostela Valley towns for small-scale mining under the government’s Minahang Bayan program.

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British envoy offers hint on new British investors

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London – British firms are gung-hu over the Philippines as they line-up investments in oil refinery, pharmaceutical production, infrastructure and retailer ventures including UK’s leading fashion brand River Island.

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3 groups prequalify for toll road project

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The bidding process for a major public private partnership deal—the 47-kilometer Cavite-Laguna Expressway—is progressing smoothly with the government prequalifying three out of four interested groups Monday.

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Double-digit growth seen for construction sector in 2014

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The country’s construction sector is expected to post a double digit growth next year with at least 40 percent share in the first quarter’s gross domestic product (GDP).

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President Aquino welcomes officials of Marubeni Corporation

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MANILA -- President Benigno S. Aquino III welcomed officials of a Japanese trading company who reiterated their commitment to enhance its business operations in the country during a ceremony in Malacanang on Monday.

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Inflation rises to highest in 7 months

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Consumer prices rose below expectations in October as lower power rates offset the effects of several typhoons and other calamities on the country’s food supply, government data released on Wednesday showed.

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US groups criticize Philippine trade barriers

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PHILIPPINE LAWS and regulations are hampering market access for US-made products, industry groups complained in comments solicited by Washington.

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PH business climate improves – World Bank

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Manila -- Business environment in the Philippines significantly improved this year following a series of reform measures implemented by the government, pulling the country’s standing 30 notches higher to 108th, according to the latest World Bank survey on the Ease of Doing Business.

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Metrobank strongest bank in RP

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Metrobank has been named by The Asian Banker as the bank with the strongest balance sheet for 2013 in the Philippines. 

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PH, Thailand helped boost Asean’s growth in H1

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The strong showing of the Philippine economy, along with that of Thailand, helped raise the combined gross domestic product (GDP) of the 10 members of the Association of Southeast Asian Nations (Asean).

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