The Bangko Sentral ng Pilipinas said the big banks bad loans ratio dropped to 3.25 percent in September.

The NEDA emphasized that an economic model or formula must be established to determine what must be deemed as “acceptable prices” at the gas pumps.

Economic growth in the Philippines likely slowed in the third quarter from the previous three months.

The National Telecommunications Commission is currently studying prevailing interconnection rates among local telcos.

Globe Telecom Inc’s. broadband subscribers has grown three-fold to over half a million subscribers for the third quarter of the year, beating full-year expectations.

Ever heard of the ‘mirror test’?

Smart Communications, Inc. bagged three of 11 awards in this week's annual Mobile Asia Congress of the global trade group for the mobile industry, the GSM Association, in Hong Kong.

Investors in Clark Freeport Zone have urged the Department of Finance to amend an order that restricts them from exhausting all available tax incentives being offered by the government to investors outside of Clark saying the order would discourage existing investors from expanding their operations within the freeport.

The National Food Authority (NFA)’s emerging financial deficit is lower this year at P32 billion from P61 billion in 2008, mostly because of lower prices of imported rice and lower volume of shipment.

Domestic auto parts makers are ecstatic over the revival of the Filipino car program or the “Philippine Winners” under a new Motor Vehicle Development Program (MVDP) calling it “the light at the end of the long, dark tunnel for the local automotive industry.”

SM Prime Holdings is planning to list in an overseas exchange the shares of its wholly-owned unit that owns its China mall operations within five years.

The Philippine government is tugging its way further into exploiting the country’s coal resources, with the Department of Energy (DoE) signing new five coal operating contracts (COCs) with investors.

Gold edged down on Thursday, taking a breather after hitting a new record above $1,150 per ounce the previous day as inflation fears fuelled by stronger-than-expected US consumer prices added to the already bullish mood.

The disbursement rate of the country's cumulative official development assistance (ODA) has increased by 1 percentage point to 80 percent amounting to US$9.03 billion as of the third quarter of 2009.

The Bangko Sentral ng Pilipinas (BSP) forecasts foreign direct investments (FDI) will reach $1.7 billion next year, higher than 2009’s readjusted FDI projection of $1.5 billion.

The Power Sector Assets and Liabilities Management Corporation (PSALM) has started lodging payment request for the P697.385 million loan it assumed for the establishment of the market management system (MMS) as well as for the operations of the Wholesale Electricity Spot Market.

Stradcom Corporation, the sole provider of IT-enabled services to the Land Transportation Office (LTO), has accumulated a total of P588.5 million in the Collection Account set up to meet payments on issued Asset Backed Bonds.

The tax policy direction leading to the reduction of oil import duty from 3.0-percent to zero-percent starting January 2010 is gaining support.

Enjoying robust growth, homegrown beauty company HBC Inc. is aggressively expanding both here and abroad to serve soaring demand for beauty products even during an economic crunch.

The WTO said governments have managed to avoid serious protectionism, with trade-distorting measures introduced amounting to at most one percent of merchandise trade.