MANILA (UPDATE) - An agreement to build a common rail station that will connect three major train lines in Quezon City was signed on Wednesday, ending a seven-year deadlock.
MANILA (2nd UPDATE) - A draft of President Rodrigo Duterte's tax reform program that was submitted to Congress seeks the lifting of tax exemption on workers' 13th month pay.
London nickel futures held near seven-week highs early on Wednesday after the Philippines said 20 more mines may be suspended for environmental violations, threatening supply from the world's top nickel ore exporter.
BPI Securities head of research Haj Narvaez recommends property and consumer stocks as he urged investors to “wait and see” how the government’s crackdown on unsafe mining will play out.
The Philippine economy has become less competitive globally, weighed down by a slow and corrupt bureaucracy and creaking infrastructure, the World Economic Forum said Wednesday.
Bahagyang bumawi ang piso kontra dolyar kanina. Nagsara ito sa P48.17 kumpara sa P48.25 kahapon.
Bagsak ang kalahati sa 41 minahan sa bansa na sumailalim sa audit ng Department of Environment and Natural Resources.
Standard Chartered acknowledged Tuesday it was being investigated by the U.S. Department of Justice over claims that an Indonesian subsidiary had paid bribes to secure contracts.
Philippine shares once again underperformed the rest of Asia as foreign funds continued to exit the local stock market.
European businessmen in the Philippines want clearer investment guidelines from the government.