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Duterte returns with China’s commitment to stronger economic ties

By THEPHILBIZNEWS STAFF President Duterte returned to Manila on Sunday, reporting a productive five-day official visit to China, highlighted by meetings with President Xi Jinping and Premier Li Keqiang...

AirAsia PH announces new chairman

AirAsia Philippines has named Joseph Omar Castillo as new chairman of the board, effective Sunday, September 1. Castillo, a lawyer, joined the board earlier this...

Cleanfuel cuts diesel price by P0.20/liter, gas by P0.10/l; other oil firms to follow

By THEPHILBIZNEWS STAFF Expect a minimal price cut in petroleum products this week with Cleanfuel leading the way on Sunday, September 1, with a P0.20...

EU ambassador writes heartfelt farewell to Filipinos

(Editor's Note: THEPHILBIZNEWS is publishing this letter of outgoing EU Ambassador Franz Jessen as his farewell message to the Filipino people.)Dear friends in the...

PPA plans to construct P300-M shipbuilding facility next year

By Raymond Carl Dela Cruz The Philippine Ports Authority (PPA) announced on Friday, August 30, its plans to start construction of the Duterte administration’s first...

40% of P4.1-trillion nat’l budget in 2020 set aside for economic dev’t, debt relief

By THEPHILBIZNEWS STAFF The Duterte administration is dedicating 29 percent of its proposed 2020 national budget of P4.1 trillion to economic services and 11 percent...

Passage of corporate income tax reform to boost investments

By Leslie Gatpolintan An economic manager and an economist have called for the immediate passage of the proposed law gradually lowering the corporate income tax...

54 new companies, 5,295 new hires add to Clark’s growing economy

By Jason Joshua Garcia CLARK FREEPORT, Pampanga -- Investments in this Freeport are increasing, indicating investor confidence on the back of the country’s sound macroeconomic...

PH economy well-insulated from negative dev’ts overseas — BSP gov

By Joann Villanueva Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno assured on Tuesday, August 27, that while the domestic economy feels the impact of...

PH speeds up infrastructure dev’t; H2 GDP seen rising to 6.4%

By Leslie Gatpolintan The government is fast-tracking the implementation of priority infrastructure projects, as it redoubles efforts in public spending to boost the economy in...

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