Category Archives: Business

Trump to Davos: ‘America is open for business’

DAVOS, Switzerland — President Donald Trump on Friday took his “America first” speech to the crowd of global elites at the World Economic Forum in Davos, Switzerland, where he proclaimed a newly

PH retains EU export perks

MANILA — The Philippines on Wednesday hailed the retention of duty-free privileges for most of its exports to the European Union despite concerns over alleged “extrajudicial killings” in President Duterte’s war on

Joblessness in PH down to lowest level in 14 years – SWS survey

MANILA — Joblessness among adult Filipinos has declined to its lowest level in almost 14 years at 15.7 percent or 7.2 million adults, according to the Social Weather Stations (SWS) survey in

PH, China to discuss joint oil, gas exploration in West PH Sea

MANILA — The Philippines and China will discuss next month how to implement an agreement on joint oil and gas exploration in the West Philippine Sea, Foreign Secretary Alan Peter Cayetano said

BOP deficit in 2017 rises to $863M

MANILA — The Philippines posted a balance of payments (BOP) deficit of $863 million in 2017, higher than what was reported in 2016 of $420 million, the Bangko Sentral ng Pilipinas (BSP)

Overseas Filipino Bank launched

MANILA — President Rodrigo Duterte on Thursday led the inauguration of the Overseas Filipino Bank at the Postbank Center in Manila. “Mga kababayan ko, I made simple promises during the election. I am not