The government is preparing the terms of reference for the plan to bid out to the private sector the operations of the Ninoy Aquino International Airport, the main gateway to the Philippines.
The Philippines has chronically underspent for public infrastructures like roads and railways for decades and the hope is for state spending to ramp up under incumbent President Ferdinand R. Marcos Jr., experts told the Manila-based Asian Development (ADB).
It will be a year of controversy. Under-the-table deals and other hanky-panky will be revealed. Partners (personal, business, political, etc.) will be biting each other in the back. Secrets will be exposed. Syphoning off of funds will be uncovered. State witnesses will abound, not just in the Philippines, but worldwide.
From January 23 to 27 the economic managers will again engage business leaders, bankers and investors from Frankfurt, Germany ,and London, United Kingdom, which are known as centers of trade and finance.
The policy making Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) on Friday allowed the maximum interest on credit card transactions to rise a full percentage point to 3 percent a month from only 2 percent.
Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.
Philippine businesses remain optimistic about long-term growth, but financial executives are exercising greater discipline as global uncertainties persist, according to Carlo Lazatin, president of the Financial Executives Institute of the Philippines (FINEX).
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. is bringing its decades-long classroom donation program to TikTok in a bid to engage younger audiences.