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Top local bank says Philippines ripe for investment-led growth

Investments may now play a bigger role in the Philippines' economy replacing consumer-led growth, says Bank of the Philippine Islands (BPI) President and Chief Executive Officer Cezar P. Consing. In a recent gathering of finance...

Philippines wins Fitch credit rating upgrade, vote of confidence on economic reforms

Fitch Ratings raised the Philippines’ sovereign rating by one level, from BBB- to BBB, with a stable outlook, amid favorable economic conditions and planned tax reform. The upgrade of the Philippines' sovereign rating is important...

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Pasig River hailed 1st Asia Riverprize champion for reviving waterway

The Pasig River rehabilitation project has been adjudged as the most noteworthy endeavor in Asia, earning the 1st Asia Riverprize, the world’s foremost award in river basin management.