Business

Inflation drops to 21-month low of 2.7% in June

By Leslie Gatpolintan/Philippine News Agency MANILA -- The country’s inflation rate eased to a 21-month low, falling to 2.7 percent in June, amid government measures to tame food prices. The Philippine Statistics Authority...

Inflation slowdown puts gov’t targets within reach

By Joann Villanueva/Philippine News Agency MANILA -- Philippine monetary officials have renewed confidence in hitting inflation targets following the fall of June's inflation rate to 2.7 percent from 3.2 percent in the...

Dominguez: Cabinet men not meddling in speakership race

By Joann Villanueva/Philippine News Agency MANILA – Finance Secretary Carlos Dominguez denied on Thursday allegations that some members of Cabinet are actively lobbying for Taguig City Rep. Alan Peter Cayetano as the...

P245-M lost yearly from Malabon printer’s fake tax stamps

By Joann Villanueva/Philippine News Agency MANILA -- The government loses an estimated PHP245 million a year from fake tax stamps being churned out by a Malabon City printer. Finance Secretary Carlos Dominguez said...

Fed hike expectations boost peso, local stocks slide

By Joann Villanueva/Philippine News Agency MANILA – Anticipation of the US Federal Reserve cutting its rates allowed the Philippine peso to end Thursday sideways against the greenback, but the main equities gauge...

NEDA studies ways to boost farm output with rice tariffication

PR/Philippine News Agency MANILA -- With rice tariffication in place, bulking up investments in research and development in agriculture and investing in irrigation, among others, can markedly increase rice yields and farm...
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