By Christian V. Esguerra
PARIS—With the Philippine economy rising, why not “globalize” the peso? President Benigno Aquino III said he got this “shocking” suggestion from an international banker he met in one of his business meetings here. Breaking the news before a gathering of Filipinos Wednesday night (1:30 a.m. Thursday in Manila), the President said he asked Finance Secretary […]
By Aries Joseph Hegina
The Bureau of Customs (BOC) will sell illegally imported rice and expects to collect P159.86 million through a public auction.
The Moro Islamic Liberation Front (MILF) has high hopes that the proposed Bangsamoro Basic Law (BBL) will clear Congress because it is “for the sake of peace in Mindanao,” the group’s officials say.
Businessmen in Quezon City will soon be able to pay their quarterly taxes using their cell phones.
By Amy R. Remo
Luzon was placed on “red alert” on after its power supply fell by as much as 1,600 megawatts due to forced outages of several critical power plants on the island, and a limited natural gas supply from the Malampaya gas platform.