Business

BTr fully awards 3-year T-bond

By Joann Villanueva/Philippine News Agency MANILA – The Bureau of the Treasury’s (BTr) auction committee made a full award for the freshly-issued three-year Treasury bond (T-bond) Tuesday following strong demand. Demand for the...

PSA: Factory gate prices rise in May

By Leslie Gatpolintan/Philippine News Agency MANILA -- Factory gate prices surged in May, mainly boosted by the remarkable increase in costs of furniture and fixtures, the Philippine Statistics Authority (PSA) reported on...

Local stocks rise, peso weakens

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) rose anew ahead of the release of June's inflation figure while risk aversion due to global growth concerns weighed...

GSIS chief Aranas quits

By Joann Villanueva/Philippine News Agency MANILA -- Government Service Insurance System (GSIS) President and General Manager Jesus Clint Aranas has resigned, a ranking official of the state workers' pension fund confirmed on...

6% GDP growth in Q2 possible

By Joann Villanueva/Philippine News Agency MANILA -- Philippine monetary officials are now seeing a possible 6 percent output for the domestic economy in the second quarter of 2019, faster than the 5.6...

Strong PH economy softens impact of US-China trade war

By Leslie Gatpolintan/Philippine News Agency MANILA -- Top economic officials of the government are optimistic the Philippine economic growth momentum is strong enough to overcome the impact of trade tensions between the...
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