HONG KONG, July 23 - Moody's Investors Service raised its sovereign rating for the Philippines on Thursday to Ba3 from B1, praising the country's resilient financial system and external payments position amid difficult global conditions....
MANILA, July 20 - Big international pharmaceutical firms in the Philippines have offered to lower prices of dozens of best-selling drugs to stop the government imposing price controls, an industry spokesman said on Monday. The...
MANILA, July 20 - Big international pharmaceutical firms doing business in the Philippines have offered to lower prices of dozens of best-selling drugs to prevent the government from imposing price controls, an industry spokesman said...
HONG KONG, July 13 - The Philippines, one of Asia's most active sovereign debt issuers, is selling dollar bonds maturing in 2020 to raise $750 million, a source close to the deal said on Monday....
MANILA, July 5 - Philippine President Gloria Macapagal Arroyo has signed a law permanently removing documentary stamp tax on the sale, barter or exchange of listed shares to stimulate the market and make it more...
MANILA, June 29 - The Philippines will most likely postpone a planned retail treasury bond issue planned for July, National Treasurer Roberto Tan said on Monday. Tan told reporters that the government expected inflows of...
MANILA, June 23 - The Philippines reserves the option to tap the dollar bond market to finance its budget deficit, even though it has signed an agreement on the issue of Samurai bonds, Finance Secretary...
MANILA, June 23 - Philippine Finance Secretary Margarito Teves said on Tuesday that he was confident the government's 2009 budget deficit would be maintained at 250 billion pesos ($5.14 billion). Teves was speaking after announcing...
MANILA, June 22 - Philippine economic growth in the second quarter is expected to be better than the first quarter on the back of higher state spending and healthy remittance inflows, a senior government official...
MANILA, June 17 - Philippines gross international reserves at the end of May totalled a record $39.589 billion, revised central bank figures showed on Wednesday. The revised figure compared with $39.318 billion reported previously for...