Business

Peso stays firm but local stocks sunk by profit-taking

By Joann Villanueva/PNA MANILA -- Foreign investment inflows continue to back the Philippine peso amid the risk-off sentiment triggered by the meeting between US and Chinese officials in Beijing this week, which...

Incentives menu in TRABAHO Bill better than status quo

By Kris Crismundo/PNA MANILA -- The incentives offered under the Tax Reform for Attracting Better and High-Quality Opportunities (TRABAHO) Bill are better than perks offered currently by investment promotion agencies (IPAs), an...

Analyst eyes single digit imports growth for PH

By Joann Villanueva/PNA MANILA -- An economist of ING Bank Manila has forecast a single-digit growth for Philippine imports in 2019, down from last year’s 13.4 percent expansion, factoring in the possible...

Singapore inspectors visit local hog, poultry, fruit farms

By Lilybeth Ison/PNA MANILA -- Two technical teams from Singapore's Agriculture and Veterinary Agency (AVA) are in town for a 10-day on-site inspection of local vegetable and fruit farms as well as...

Globe’s net income up 22% in 2018

By Aerol John Pateña/PNA MANILA -- Net income of Globe Telecom reached PHP18.45 billion in 2018, which represents a 22 percent increase year-on-year over PHP15.08 billion the year before, due to strong...

External headwinds dampen trade performance in December

By Leslie Gatpolintan/NEDA PR/PNA MANILA — As external challenges remain in the region, merchandise trade growth in the Philippines and in most Asian economies softened in December 2018, the National Economic and...
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