Business

ING economist eyes December ‘18 inflation at 5.5%

By Joann Villanueva/PNA MANILA -- Philippines’ December 2018 inflation rate is seen to slide further to 5.5 percent as supply-side issues have been addressed and oil prices continue to decline in the...

PSEi, PHP start 2019 on positive note

By Joann Villanueva/PNA MANILA -- Volatilities remain overseas due in part to the US government shutdown, which is now on its 11th day, but the Philippine Stock Exchange index (PSEi) and the...

Biz leader bullish on Davao City economy in 2019

by Digna Banzon/PNA DAVAO CITY -- The local economy will continue to grow this year with the service industry and tourism as its main drivers. This was according to Arturo Milan, president of the Davao...

Oil price rollback greets motorists Tuesday

Philippine News Agency MANILA -- Motorists venturing out on New Year's Day following the exhausting revelry the night before will be pleased to discover that pump prices have been rolled back once again. This,...

PH banking system resilient amid external concerns

By Joann Villanueva/PNA MANILA -- The Philippine banking system has remained fundamentally strong despite having its share of challenges over the years, and 2018 proved to be no exception. Its resiliency has been...

Residential real estate up 4.4% year-on-year in Q3: BSP

By BSP PR/PNA MANILA -- Residential real estate prices were higher by 4.4 percent year-on-year in Q3 2018 as the Residential Real Estate Price Index (RREPI) increased to 116.5 from 111.6 for...
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