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The Bangko Sentral ng Pilipinas (BSP) looks set to slash the reserve requirement ratio for banks to release more liquidity into the country’s financial system next year, Standard Chartered Bank said.

The Department of Energy (DOE) is conducting an overall independent audit on the Philippine Electricity Market Corp. (PEMC), operator of the electricity spot market, to ensure competitive power prices and safeguard consumers.

The China-led Asian Infrastructure Investment Bank (AIIB) will help in the fulfillment of President Duterte’s 10-point socio-economic agenda and enable the Philippines to improve infrastructure in the country for rapid and inclusive economic growth, the Department of Foreign Affairs (DFA) said.


There is something calming about being able to engage in stressful work in Makati, and even reassuring to move in its heavy traffic at turtle speed.

A kangaroo kept getting out of his enclosure at the zoo. Knowing that he could hop high, the professional zoo officials put up a ten-foot fence. He was out the next morning, just sauntering around the zoo.

Taxes are the lifeblood of the government.

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The Federation of Philippine Industries (FPI), a group composed of industry associations and manufacturing companies, has welcomed the Department of Energy (DOE)’s pronouncement toward a flexible energy mix.

Manila Electric Co. (Meralco) is phasing out another ageing substation in Metro Manila as part of its conversion program to enhance power delivery service and further bring down system loss.

Government agencies improved their capacity to spend the budget as of the third quarter, but nearly P1 trillion remained with them, leaving it at risk of being cancelled by the end of the year.

The Philippines is looking to improve bilateral relations with business groups from Sri Lanka eyeing trade and investment opportunities here, the Department of Trade and Industry (DTI) said.

The Philippine Amusement and Gaming Corp. has defended its plan to roll out offshore gaming, saying it is within the bounds of its charter.

To help companies handle issues effectively in public, the Center for Global Best Practices is launching a pioneering seminar titled, “Best Practices in Issues Management in Times of Controversies” on Jan. 17, 2016 at the EDSA Shangri-La Hotel, Mandaluyong City.

Despite sustained export growth in October, the country’s trade balance remained in a deficit as imports continued to outpace outbound shipments, the Philippine Statistics Authority (PSA) reported yesterday.

Factory output continued to expand in October, driven by increased production of petroleum, capital goods and food products, the Philippine Statistics Authority (PSA) reported yesterday.

The local stock market stayed afloat yesterday, gaining 20.78 points or 0.29 percent to finish at 7,043.16 as investors welcomed the European Central Bank’s decision to extend the stimulus program.

Filipinos turned more optimistic as the consumer confidence index soared to a new all-time high in the fourth quarter of the year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.


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