Business

PTT Philippines sets P500-M capex for 2019

By Joann Villanueva/Philippine News Agency MANILA -- PTT Philippines has allocated PHP500 million for capital expenditures this year to help finance the opening of an additional 30 gas stations, among other expansion...

Palace confident of achieving 2019 GDP growth target

By EJ Roque/Philippine News Agency MANILA -- Malacañang on Thursday night expressed confidence that the target gross domestic product (GDP) growth rate for 2019 will be achieved. "President Rodrigo Roa Duterte and the Cabinet...

PH economy grows 5.6% in Q1

By Leslie Gatpolintan | Philippine News Agency MANILA -- The Philippine economy expanded by 5.6 percent in the first quarter of 2019, slower than the 6.5 percent growth recorded during the same period...

TUCP welcomes easing of inflation in PH

By Aerol John Pateña/Philippine News Agency MANILA -- The Trade Union Congress of the Philippines (TUCP) said it welcomes the easing rate of inflation in the country after it has slowed down...

PH credit rating upgrade result of ‘game-changing’ reforms

By Azer Parrocha/Philippine News Agency MANILA -- The Philippines’ credit rating upgrade to “BBB+” is a result of President Rodrigo Duterte’s decision to invest his political capital wisely in “difficult but game-changing...

PSEi up, peso slides in midweek trading

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) ended Wednesday up while the peso weakened as investors took profits on earlier gains. The main equities gauge rose 0.20...
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