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Breaktime: Let them eat ache

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Okay, the media made a big fuss out of the kilometric queues of hundreds of wretched commuters at the MRT Edsa stations during rush hours, not to mention the unbearable congestion inside the MRT coaches, already bursting with humanity anytime of the day.

Posted: April 14th, 2014 in Columnists,Editor's Pick,Inquirer Columns | Read More »

Significant gains seen in plan to promote 7 ‘winner’ sectors

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The Aquino administration may have most likely posted significant gains in implementing the necessary reforms and recommendations proposed under the Arangkada Philippines report, the latest assessment for which will be out this week.

Posted: February 24th, 2014 in Headlines | Read More »

Share of debt servicing to total expenses seen to keep shrinking

Debt servicing, which used to eat a third of the national budget about a decade ago, is seen to continue shrinking as a percentage of state expenditure to hit only 12 percent by the end of the Aquino administration’s term.

Posted: January 5th, 2014 in Headlines | Read More »

PH eyes top 3rd in global competitiveness ranking

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The Makati central business district. Optimism on the prospects of the Philippine economy is at its highest level in recent history, thus giving the country arguably the best investment climate in Asia, according to a study made recently by London-based Economist Corporate Network.  INQUIRER FILE PHOTO

The Philippines is expected to significantly surpass its target of moving up to the top third of global competitiveness ranking surveys by the end of the Aquino administration, on the back of the critical reforms implemented to improve infrastructure and ease of doing business in the country.

Posted: December 24th, 2013 in Latest Business Stories | Read More »

Mighty as swell

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The little known Bulacan-based cigarette maker called Mighty Corp., owned and managed by the Wongchuking family, now faces fire from the Aquino (Part II) administration for alleged heavy smuggling and massive tax evasion.

Posted: November 25th, 2013 in Columnists,Inquirer Columns | Read More »

Groups dismayed over gov’t policy on incentives to foreign investors

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San Roque Power was invited by the government to invest in a hydropower plant in the late 1990s, and was provided with the incentive that all capital goods could be imported duty-and tax-free. The power firm filed for a refund in 2003 and was allowed to claim it. But in 2013, the Supreme Court overturned the decision of the CTA, explaining that San Roque Power was ineligible to claim the refunds “based on technicalities.” INQUIRER FILE PHOTO

Business groups on Tuesday expressed dismay over the government’s inconsistent policy with regards to incentives given to foreign investors in the country.

Posted: November 19th, 2013 in Latest Business Stories | Read More »

Gov’t probes P4.4B in cigarette tax losses

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AFP FILE PHOTO

Blame it on the law of unintended consequences.

Posted: November 2nd, 2013 in Latest Business Stories | Read More »

Regime change at DOTC urged

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An internationally recognized transportation sector consultant has called for a revamp of the Department of Transportation and Communications due to its inability to move the government’s mass transport program forward, over three years into the Aquino administration’s term.

Posted: September 27th, 2013 in Editor's Pick,Headlines | Read More »

Gov’t urged to start 2nd wave of reforms

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The Aquino administration should use its newfound political capital after having won control of both houses of Congress to implement a second wave of reforms that would help sustain the country’s economic growth.

Posted: July 1st, 2013 in Headlines | Read More »

MRT, LRT fares may go up in August—Abaya

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Transportation Secretary Joseph Abaya. FILE PHOTO

A long-overdue fare increase at Metro Manila’s three elevated rail systems could take effect as early as August as the government seeks to recover part of its operating costs from the heavily subsidized train lines, according to Secretary Joseph Abaya of the Department of Transportation and Communications (DoTC).

Posted: June 21st, 2013 in Headlines,Latest Business Stories | Read More »

Aquino: Growth must be inclusive

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President Benigno Aquino III. FILE PHOTO

President Benigno Aquino III on Thursday opened the 14th annual conference of the Global Development Network (GDN) with the statement that economic growth must be “inclusive.”

Posted: June 20th, 2013 in Latest Business Stories | Read More »

Palace urged to focus on rural growth

Solving Mindanao’s power crisis and pursuing projects to bolster the local tourism sector should be the Aquino administration’s top priorities if it hopes to achieve “inclusive” economic growth in the Philippine countryside.

Posted: June 18th, 2013 in Editor's Pick,Headlines | Read More »

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