Raymund Escalona

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Robust PH economy seen till 2016

MANILA - The economy is expected to be robust at above 6-percent growth until President Aquino steps down in 2016, according to the latest report …

Philippines jumps 8 notches in economic freedom index

MANILA, Philippines - The Philippines jumped 8 spots to 89th in the 2014 Index of Economic Freedom, released by The Heritage Foundation and The Wall …

Govt allots P1.836 trillion for infrastructure projects

MANILA - The overnment plans to speed up spending on infrastructure to reach P1.836 trillion in the next three years to sustain high economic growth, …

Manila, Cebu among top global outsourcing destinations

MANILA, Philippines – In the 2014 ranking of investment advisory firm Tholons, Manila edged out Mumbai, India to place as second top outsourcing …

Pinoy consumers still 2nd most optimistic in Asia - Nielsen

MANILA, PHILIPPINES -- Super typhoon "Yolanda" may have dampened consumer sentiment in the fourth quarter, but Filipino consumers remain the second …

Private sector urged to take more active role in fighting corruption

MANILA - The private sector has to take a more active role in participating or implementing programs to fight corruption, the National …

PH seen growing 6.5-7.5 percent in next decade

MANILA, Philippines - The Philippine economy is expected to continue expanding between 6.5 and seven percent in the next decade but London-based …

Philippine government and Muslim rebels reach peace deal – video

The Philippine president, Benigno Aquino, announces a peace deal his government has reached with the country's Muslim rebels. The long-awaited agreement sets in place a roadmap to create a new Bangsamoro autonomous region in the south of the mainly Roman Catholic country. Bangsamoro refers to …

Philippines: cash transfers succeeding where other programmes have failed

As a result of conditional cash transfers school enrollment is up and stunting in recipient communities is down. But doubts remain: is this the best route to development?<p>Despite its long experience in implementing different types of programmes to combat poverty, the Philippines is finding it to be …

Election Day in the Philippines Means 500 Guns, 191 Knives and 68 Grenades

The Philippines boasts one of Asia’s oldest democracies. But as it struggles to rein in political violence and corruption, that distinction is …

Philippines: a booming economy struggles to make growth inclusive

Finance minister Cesar Purisima says the government's pledge to root out corruption and spend more on education and health aims to ensure a more egalitarian spread of benefits<p>Cesar Purisima, the Philippine finance minister, has a good story to tell about his country's economy, which grew 6.6% last …

Why It Took a Superstorm to Expose the Seedy Underbelly of Philippine Politics

More than a week after Super Typhoon Haiyan killed nearly 4,000 people and displaced another 4 million, relief efforts remain hampered by poor …

Tourists urged to holiday in the Philippines after Typhoon Haiyan

As the aid effort in the Philippines continues, the tourism industry is urging people to visit the country as a way of helping the recovery effort<p>Read our guide to the best islands in the Philippines<p>The Philippines tourism board is urging people to visit the country, stressing that their visits …

Philippines third-quarter GDP up 7% on year

MANILA--The Philippine economy continued to expand at a heady pace in the third quarter, supported by the steady performance of the services and …

Wall Street

The Philippines is devastated as much by unfair debt as typhoon Haiyan

By Christmas Eve, a country struggling with foreign loans and climate change will have spent $1bn on debts in seven weeks<p>By Christmas Eve, the Philippines will have spent $1bn (£0.6bn) paying foreign debts in the seven weeks since typhoon Haiyan devastated much of the country. It will have spent a …

The end of conflict in the Philippines could create a mining boom in a pristine paradise

After five decades of bloody conflict, the southern Philippines could soon be open for investment, after a peace agreement was reached this weekend between the government and Muslim insurgents.<p>The area where the conflict was the most intense—particularly the 38,000 square mile island of …

Asia

The Philippines Is Still Paying the Price for That Supertyphoon

Dan Kitwood—Getty Images<p>David Guttenfelder—AP<p>David Guttenfelder—AP<p>David Guttenfelder—AP<p>Dan Kitwood—Getty Images<p>Nicolas Asfouri—AFP/Getty Images<p>Damir …