Business

Non-traditional products to enhance coconut industry

By Lilybeth Ison/Philippine News Agency MANILA -- The Philippines, the second largest coconut producing country in the world, has undergone transformation in the past 15 years -- from the dominance of coconut...

Implementation of safety nets under Rice Tariff law urged

By Lilybeth Ison/Philippine News Agency MANILA -- Rice traders and manufacturers urged the government to implement safety measures under the Rice Tariffication Law to address a continued drop in prices of the...

TDF rates up amid undersubscription

By Joann Villanueva/Philippine News Agency MANILA – Undersubscription was registered on Wednesday’s auction of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) but rates of all three tenors increased. Rate of...

Peso ends flat, PSEi slips in midweek trading

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended flat against the greenback on Wednesday while the Philippine Stock Exchange index (PSEi) closed in the red along with most counters...

Domestic Liquidity Expands in June

PR Preliminary data show that domestic liquidity (M3) grew by 6.4 percent year-on-year to about ₱11.8 trillion in June 2019, unchanged from the rate of expansion in May 2019. On a month-on-month...

BSP eyes July inflation between 2.0 to 2.8%

By Joann Villanueva/Philippine News Agency MANILA -- Lower prices of rice and cooking gas are seen to cause the country's inflation rate to sustain its decline in July 2019, with government economists...
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