Top News
Business sentiment down in 3Q, consumer mood slightly up
Elevated inflation and interest rates, costlier raw materials and production costs, falling sales and demand for goods and services due weather-related disruptions and other seasonal factors pushed the business confidence index lower in the third quarter to 35.8 percent from 40.8 percent a quarter earlier.
BSP keeps policy rate steady but signals prompt hike if warranted
The Bangko Sentral ng Pilipinas kept the rate at which it borrows from and lends to banks unchanged on Thursday at 6.25 percent but made it perfectly clear the policy-making monetary board will act as quickly as at its next rate-setting meeting in November and raise the polic ratey should this be warranted.
Sounds ironic but mining needed to foster green technology—MVP
Manuel Pangilinan, chairman of Philex Mining Corp., the country’s largest gold and copper producer, said Wednesday that as ironic as it sounds, the success of green technologies needed to pursue global sustainability goals depend on the growth the mining industry.
Government backs ambitious minerals development program with puny P60-million budget
The government has an ambitious minerals exploration and development program this year and beyond but has budgeted only P60 million for its execution.
College equivalency program hurdles House
THE House of Representatives early on Monday approved on third and final reading the proposed law institutionalizing the Expanded Tertiary Education Equivalency and Accreditation Program (ETEEAP), which, if enacted, would allow undergraduate professionals to get a bachelor's degree.
