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 Allan Nawal
The tuna industry will not experience significant growth in the next years due to restrictions imposed by foreign countries on fishing in international waters, according to city Mayor Ronnel Rivera.
By Maila Ager
While commending the country’s economic growth in the second quarter of the year, Senate President Franklin Drilon warned that a “sharp drop” in government spending, if not addressed immediately, could pull down overall growth and make the full-year 6.5% to 7% growth “unattainable.”
Australian tycoon Clive Palmer on Tuesday apologized for calling the Chinese government “mongrels” who “shoot their own people” after a fierce backlash from Beijing and politicians in Canberra.
By TJ Burgonio
Given that President Benigno Aquino III has expressed openness to Charter change, lawmakers could convince him to take a look at lifting the restrictive economic provisions in the 1987 Constitution, Budget Secretary Florencio Abad said Wednesday.