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The Bangko Sentral ng Pilipinas (BSP) expects a higher net outflow of foreign portfolio investments or hot money this year due to a series of rate increases by the US Federal Reserve.

The Management Association of the Philippines (MAP) named recently Maynilad Water Services president and CEO Ramoncito “Mon” Fernandez as president for 2018, the 69th person to hold the post since MAP’s inception in 1950.

The Department of Tourism (DOT) is eyeing to boost marketing initiatives to the Indian market as it inks an agreement with a Singaporean air carrier.


Motorcycles have become a common mode of transportation in many countries, not only because they are affordable, consume less fuel, entail low maintenance costs, but more so, because they are convenient given the worsening traffic situation.

Posting sources of joy on social media is difficult to resist.

The time is early December.

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The Food and Agriculture Organization of the United Nations is calling for increased investments in the country, particularly in Mindanao, to address food security, rural development, resilience-building and peace in the area.

The country’s rice inventory continued its downward trend, declining anew by 10 percent to 2.95 million metric tons in November, according to the latest data from the Philippine Statistics Authority.

Philippine automotive sales maintained its speed in November, fueling a robust double-digit acceleration in 11 months to remain on track in finishing the year on a high note.

Dennis Uy, the Davao-based tycoon with interests in shipping, logistics and petroleum among other businesses, said he might list his other companies in the future, depending on market opportunities.

SBS Philippines Corp. has successfully completed its stock rights offering.

NAIA-X, the extension of the Skyway to the airport terminals, Cavitex, and Entertainment City, should go all the way to the Bonifacio Global City to maximize its potential for faster travel.

Unemployment in the country rose in October due to a drop in the number of agriculture workers, government data showed.

Listed Rizal Commercial Banking Corp. expects to book a double-digit growth in earnings next year on the back of robust core businesses.

Robinsons Retail Holdings Inc., the listed retail arm of the Gokongwei group, has acquired a 20 percent stake in Taste Central Curators Inc., a company that operates a beauty and cosmetics e-commerce site.

The National Economic and Development Authority has approved the extension of the loan validity and construction period for a coastal road and irrigation project in the Visayas to cope with delays attributed to procurement and security issues.


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