Business

World Bank sees PH GDP growth at 6.4% in 2019

by Leslie Gatpolintan/PNA The World Bank (WB) expects the Philippine economy to expand by 6.4 percent this year, with election spending and lower inflation projected to boost private consumption. The Bank also sees the...

Peso sideways, PSEi down after WB cuts PH output forecast

by Joann Villanueva/PNA The World Bank’s (WB) revision of its 2019 growth forecast for the Philippines was widely seen as a major contributor to the peso going sideways and for the main equities...

PH, Indonesia strengthen trade, investment ties

by Leslie Gatpolintan/PNA Indonesia has agreed to allow more Philippine agricultural products, particularly bananas and coconut-based products, to penetrate its huge market, as the two countries work to enhance bilateral trade and investment,...

Producers hit 3-year low input price inflation rate in March

by Kris Crismundo/PNA Manufacturing firms recorded the lowest rate of input price inflation in over three years in March, the IHS Markit Manufacturing Purchasing Managers’ Index (PMI) reported Monday. “anagers will be pleased with...

Dominguez: We won’t fall into a debt trap

DOF PR/PNA MANILA -- Finance Secretary Carlos Dominguez III on Sunday reassured the public that the Philippines will not fall into a "debt trap" to any other country as the government expands its...

Anti-trust body backs MOA promoting agri fair trade

By Lilybeth Ison/PNA MANILA -- The Philippine Competition Commission (PCC) on Friday forged a memorandum of agreement (MOA) with the Department of Agriculture (DA) to harmonize their objectives of fostering fair market competition...
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