‘At Seventeen’: On the anniversary of Epira, have we learned the truth...

SEVENTEEN years since the Electric Power Industry Reform Act (Epira) of 2001, or Republic Act 9136, was enacted into law, have major reforms indeed...

Manila or Beijing: Who’s really in control of Sandy Cay?

THE permanent presence of Chinese military and paramilitary ships in the Sandy Cay gives a foretaste of what may possibly come for Filipinos—that the...

Villar pitches ‘perpetual’ rice fund once QR goes

By Jasper Emmanuel Y. Arcalas & Cai U. Ordinario THE Senate Committee on Food and Agriculture wants to perpetually earmark at least P10 billion to...

Biz groups wary of LGU tax power in fed system

LOCAL governments having too much financial power under a federal system do not sit well with onshore and offshore investors, as this might allow...

Govt hopes to boost weak export growth with new devt plan

THE Economic Development Cluster has endorsed the Philippine Export Development Plan (PEDP) 2018-2022 for approval of President Duterte, according to the National Economic and...

3rd rate hike? Wages, not oil, may be trigger

RISING oil prices will not push the Central Bank to pursue another rate hike in the next monetary- policy meeting in August, but a...

Duterte to head transition body for federalism?

CONSULTATIVE committee Chairman Reynato S. Puno said on Thursday that the committee is proposing the creation of a 10-member Transition Commission headed by President Duterte in...

DOF chief woos sovereign wealth, pension fund heads

FINANCE Secretary Carlos G. Dominguez III has called on institutional investors managing Asian pension and sovereign wealth funds to take part in the Philippines’s...

NTC strengthens financial criteria for 3rd telco player

By Sharmaine O. Paden / Special to the BusinessMirror THE National Telecommunications Commission (NTC) is strengthening the financial criteria for the selection of the third telco...

Believe it or not: Solar panels can provide you clean drinking...

THE Asian Development Bank (ADB) and the National Electrification Administration (NEA) are piloting solar hydropanels to provide clean drinking water to far-flung communities in...

Spain shows plenty of patience

KAZAN, Russia—Patience is a virtue, and Spain showed plenty of it to overcome a tough challenge from Iran at the World Cup. During a frustrating...

Hornets agree to trade Howard to Brooklyn

CHARLOTTE, North Carolina—The Charlotte Hornets have agreed to trade eight-time All-Star center Dwight Howard to the Brooklyn Nets for center Timofey Mozgov and two...

4 of 27 mining firms fail first-round review

AN initial review of 27 mining operations in the country has ended, with four companies getting a failing grade as far as meeting certain...

BSP hikes rates anew; ‘further action’ possible

IN an effort to lock down rising inflationary pressures in the policy horizon, the Bangko Sentral ng Pilipinas (BSP) hiked its rates anew in...

Besides SSB tax, government eyes warnings

PRESIDENT Duterte has ordered the Department of Trade and Industry (DTI) to put health warnings on energy drinks and sugar-sweetened beverages(SSBs) in a bid...

5 Japanese banks backing Samurai bond issue: D.O.F. 

THE Department of Finance (DOF) has confirmed that five Japanese banks have given their support and full backing to the Philippines’s first stand-alone yen-denominated...

January-April investment pledges down 5.1%

INVESTMENT pledges in January to April dropped by 5.1 percent to P234.81 billion, from P247.51 billion in the same period last year, as pledges...

Aquino faces usurpation rap over DAP spending

THE Office of the Ombudsman has ordered the indictment of former President Benigno S. Aquino III in connection with the controversial Disbursement Acceleration Program...

Carpio says he’s likely to decline nomination for Chief Justice post

ACTING Chief Justice Antonio Carpio on Wednesday said he may be inclined to turn down any possible nomination as the next Chief Justice of...

Courting Japan: Manila set on $1-billion samurai bonds

FINANCE Secretary Carlos G. Dominguez III confirmed on Tuesday that the Philippines plans to issue around $1-billion samurai bonds this year, following its two successful floats...