MANILA, Philippines - The government has completed the requirements for the sale of its stake in Petron Corp. after it received the go signal from the inter-agency Privatization Council on Tuesday. More »
MANILA, Philippines- Philippine government agencies' disbursement of available funds for projects from foreign donors have declined by more than half for the year's first six months, the latest report from the National Economic and Development Authority showed. More »
MANILA, Oct 1 (Reuters) - The Philippines has revised its 2008 economic growth forecast to a range of 4.4 percent to 4.9 percent because of the global credit crisis, official said, bringing its expectations into line with financial markets. More »
MANILA (AFP) - - The Asian Development Bank (ADB) said Wednesday it is extending a loan of 250 million dollars to the Philippine government, which is trying to implement a number of economic reforms. More »
MANILA, Philippines - The country's leading media company is optimistic with the success of a new website aimed at providing locally-produced entertainment, news and public affairs content to overseas Filipinos. More »
MANILA, Sept 30 (Reuters) - The Philippine central bank's holdings of foreign currency through forward swaps slid to $3.56 billion at end August, the lowest so far this year, as the monetary authority aggressively defended the falling peso <PHP=>, official data showed on Tuesday. More »
MANILA, Philippines - The Bureau of Internal Revenue (BIR) improves its chance of getting a US government grant, which would allow the tax agency to beef up its drive against tax evaders. More »
MANILA, Philippines - Lending growth slowed in July but the central bank assured that the Philippine financial system's credit condition remains healthy. More »
MANILA, Philippines - Hog producers continue to be hobbled by low farm gate prices and insist the market distortion would most likely force many of them to shut down their piggeries as production costs zoom. More »
MANILA, Philippines - Philippine Airlines (PAL) expects its full-year profits to drop as the rising cost of fuel takes its toll on the carrier's finances. More »