By Kris Crismundo/PNA
MANILA -- Inflation in the country is expected to settle back into the government’s target band of 2 percent to 4 percent beginning in the second quarter of the year,...
By Joann Villanueva/PNA
MANILA -- Profit-taking continued to drain Philippine equities, with the main gauge down to the 7,900-level, while the market's cautious stance weighed down the peso Thursday.
The Philippine Stock Exchange index...
By Joann Villanueva/PNA
MANILA – An economist of ING Bank Manila forecasts lower trade and current account deficit for the Philippines in 2019, mainly due to projections of lower oil importation.
“Slightly lower...
DOF PR/PNA
MANILA -- The Federation of Filipino-Chinese Chamber of Commerce and Industry (FFCCCII) has joined other business groups in expressing full support for the proposed law seeking to impose tariffs on...
By Kris Crismundo/PNA
MANILA -- The Department of Budget and Management (DBM) has assured that the 2019 national budget will be enacted before the end of the first quarter.
In his weekly press...
By Joann Villanueva/PNA
MANILA -- The rates of all the Term Deposit Facility (TDF) tenors increased Wednesday as all facilities received above-offered bids.
Data released by the Bangko Sentral ng Pilipinas (BSP) showed...
