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Reforms help raise Customs take

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The Bureau of Customs (BOC) missed its 2013 revenue target but registered a surge in collections during the “reform period” that started in November, government data showed.

Posted: February 7th, 2014 in Headlines | Read More »

PH pushes for more IMF reforms

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National Treasurer Rosalia de Leon: Overreaction.  INQUIRER FILE PHOTO

The Philippines and other emerging markets are clamoring for a bigger voice in the International Monetary Fund (IMF), given the growing importance and influence of the developing world in the global economy.

Posted: October 14th, 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 »

PH needs reforms to sustain growth

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People walk past a logo of HSBC headquarters in Hong Kong. HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday Dec. 10, 2012. AP/Vincent Yu

The Philippines has gradually broken away from its tumultuous past to become “one of the greatest comeback stories,” but more reforms were needed to sustain progress, according to British banking giant HSBC.

Posted: February 22nd, 2013 in Editor's Pick,Headlines | Read More »

Populist politics blamed for slow India reforms

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An Indian man pushes his bicycle past burning tires set ablaze by India's opposition Bharatiya Janata Party (BJP) activists at a closed market area during a nationwide strike in Jammu, India, Thursday, Sept. 20, 2012. Angry opposition supporters disrupted trains in India on Thursday but had only limited success in enforcing a national strike to protest a government decision to cut fuel subsidies and open the country's huge retail market to foreign companies.  AP/Channi Anand

A nationwide strike in India has highlighted the difficulties in pushing through reforms in an era of fractious coalition politics despite the clamor for decisive action from business leaders.

Posted: September 20th, 2012 in Latest Business Stories | Read More »

Economy seen more competitive, invigorated

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The Philippines is still geared for sustained and rapid inclusive growth given a credible leadership and reforms that have been put in place, according to the World Trade Organization Policy Review.

Posted: March 28th, 2012 in Headlines | Read More »

Investors push reforms in local power sector

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Local and foreign investors have sought the implementation of the necessary schemes and mechanisms as well as the formulation of a clear and more integrated energy plan that will allow the Philippines to have fair and more competitive electricity rates.

Posted: January 30th, 2012 in Latest Business Stories | Read More »

Mining industry in for reforms this year

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The local governments units’ open pit mining ban ordinances and other issues plaguing the mining industry will be addressed this year, officials said.

Posted: January 10th, 2012 in Headlines | Read More »

Biz Buzz: Razon’s backdoor ticket

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After the sale of his interest in the national electricity superhighway, tycoon Ricky Razon is now shopping around for a listed shell company for his ventures outside of international port operator ICTSI. We’re talking about Bloomsbury Investments, which is now building a $1.2-billion integrated casino and tourism facility at the Pagcor-initiated Entertainment City in partnership [...]

Posted: October 4th, 2011 in Headlines | Read More »

20 years on, Indians recall life before the boom

When economic reforms were launched 20 years ago this week, India was a country where you couldn’t buy a Coca-Cola, a telephone line would take a year to install, and there was only one TV network.

Posted: July 21st, 2011 in Latest Business Stories | Read More »

World Bank hails steady Philippine growth

The World Bank on Wednesday praised the Philippines for its steady economic growth despite the global economic shocks and hailed reforms made by the government of President Benigno Aquino III.

Posted: July 6th, 2011 in Latest Business Stories | Read More »

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