Manila Times
THE country's gross international reserves (GIR) rebounded in May to their highest level so far for the year, the Bangko Sentral ng Pilipinas (BSP) re
SUBSIDIES to government-owned and -controlled corporations (GOCCs) ballooned in April, data from the Bureau of the Treasury showed.Based on the agency
THE outcome of the US Federal Reserve's June 11–12 meeting will figure in the stock market's direction this week following a satisfactory start to t
WASHINGTON — The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in
AGRICULTURAL groups on Sunday kept up their criticism of the government's move to lower rice import tariffs, claiming that it would only benefit impor
THE nonperforming loan (NPL) ratio of Philippine banks rose to an 11-month high of 3.45 percent in April, data from the Bangko Sentral ng Pilipinas (B
DEBT watcher Fitch Ratings warned of potential fiscal shortfall amid efforts to bolster economic growth."We believe there is some risk of further fisc
THE Department of Transportation (DOTr) is revamping the feasibility study for the Mindanao Railway, prioritizing the development of a more environmen
MEGAWIDE Construction Corp.'s unsolicited offer to handle the operations and maintenance of the EDSA Busway project has been returned to the firm by t
GLOBE Telecom Inc. (Globe) over the weekend said that it had built 116 new cell sites and upgraded 812 mobile sites to long-term evolution in the firs
THE Securities and Exchange Commission (SEC) last week revoked the registrations of two supposedly religious groups for misrepresentation and fraudule
RIYADH — Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was s
MADRID — Derided as "Club Med" nations during the European debt crisis 15 years ago, the economies of Spain, Greece and Portugal are now outperformi
VOLVO has started to shift production of Chinese-made electric vehicles (EVs) to Belgium in the expectation that the European Union will drive ahead w
GENEVA — Swiss voters were expected to approve in a referendum Sunday a law aimed at accelerating the development of renewable energy as the country
BOGOTA — Colombian President Gustavo Petro announced Saturday that his country will suspend coal exports to Israel as a rebuke against its deadly wa
The resurrection of a car plant in Brazil's poor north-east stands as a symbol of China's global advance — and the west's retreat.BYD, the Shenzhen-
China has become one of the largest bilateral infrastructure lenders to the Philippines, but its finance commitments swing wildly with the two countri
For eight months, families of the hostages taken by Hamas on October 7 have been imploring Israel's government to strike whatever deal is needed to br
NEW YORK — The Boston Celtics, coming off an authoritative Game 1 victory over Dallas in the NBA Finals, aren't about to let Mavericks coach Jason K
