Business

Lower oil prices to narrow trade deficit in 2019: BPI economist

By Leslie Gatpolintan/PNA MANILA -- The trade deficit is expected to decline slightly next year, as the country continues to invest on infrastructure initiatives which bodes well for economic growth outlook, according to...

Cavite Gateway Terminal to make Tanza town a city in 5 years

By Gladys Pino/PNA TANZA, Cavite – The newly-opened Cavite Gateway Terminal (CGT) will transform this first class town into a progressive city in the next five years, according to Governor Jesus Crispin...

DBM adopts more gov’t budgetary, fiscal reforms

By Saul Pa-a/PNA TAGAYTAY CITY – The Department of Budget and Management (DBM) is adopting more budgetary and fiscal reforms for an innovative, effective, and responsive government in the long term, Budget...

Local stocks up, peso sideways as trading week ends

By Joann Villanueva/PNA MANILA -- The continued softening of world crude prices allowed the Philippine Stock Exchange index (PSEi) to finish the week with gains while the peso ended sideways due to...

Rice tariffs to solve consumer woes, boost productivity: NEDA

By NEDA PR/PNA MANILA -- The National Economic and Development Authority (NEDA) on Friday welcomed the passage of the rice tariffication bill in the bicameral conference committee, which said this bill --...

BSP exec cites need to address agri sector knowledge gap

By Joann Villanueva/PNA MANILA -- A ranking official of the Bangko Sentral ng Pilipinas (BSP) on Friday stressed the importance of encouraging banks to extend financing to the agricultural sector to bolster efforts...
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