Economy
Business sentiment in Asia rises in Q2
SEOUL - Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows.
Peso volatility a bigger concern than stock market - DOF
MANILA - Philippine Finance Secretary Cesar Purisima said on Wednesday volatility in the foreign exchange market is a bigger concern than a sharp slide in the stock market.
PNoy: Not just mere crumbs for the poor
MANILA -- President Benigno Aquino III has vowed to continue his focus on the "poorest of the poor" and further strengthen his anti-corruption drive in the last three years of his administration.
Tobacco enriches, corrupts northern PH
CANDON - Tobacco enriches and corrupts in the dry, sun-drenched northern Philippines, where family fortunes as well as political empires are built on the golden leaf.
'PH economy strong enough to withstand shocks'
MANILA - The broad sell-off in Asian emerging markets is unlikely to destabilize the Philippine economy, with growth expected to stay robust on the back of strong domestic consumption, Economic Planning Chief Arsenio Balisacan said on Wednesday.
PH has highest growth potential among 'TIPs'
MANILA, Philippines - The Philippines has the highest growth potential among a new group of nations expected to lead global economic growth over the next seven years, an economist of a global investment bank said in a report.
StanChart raises PH growth forecast to 6.9% this year
MANILA, Philippines - The Philippines is expected to sustain its strong economic growth in the medium term, fueled by the ongoing infrastructure boom and continued rise in investments, the latest global research by Standard Chartered Bank noted.
US Fed moves won't have long-term effect on PH
MANILA - Malacanang is not worried of the impact of the improving US economy, saying the country will hold its own.