Business

Local markets end sideways in midweek trading

By Joann Villanueva/Philippine News Agency MANILA – A wait-and-see stance ahead of the release of Philippines’ June 2019 inflation report resulted in the sideways midweek close of the Philippine peso while global...

Unrestricted sugar importation worrying millers

By Lilybeth Ison/Philippine News Agency MANILA -- The country’s sugar millers on Wednesday expressed apprehension over the planned liberalization of sugar importation to lower the price of the commodity. “The sugar milling sector...

Diokno eyes 6% level output for PH economy in Q2

By Joann Villanueva/Philippine News Agency MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno is optimistic of at least a six percent growth in the domestic economy in the second...

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...
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