Business

Manufacturing sector can drive PH growth: Lopez

By Kris Crismundo (PNA)  MANILA -- Strengthening the country’s manufacturing sector can add even more momentum to the national economy's growth, Department of Trade and Industry (DTI) Secretary Ramon Lopez told reporters Thursday. On...

Imports drove PH trade growth in September

By: NEDA PR (PNR) MANILA -- The country’s total merchandise trade grew stronger in September 2018 due to robust imports of capital goods, which is vital for the long-term growth of the domestic...

PH economy grows 6.1% in Q3

By Leslie Gatpolintan (PNA) MANILA -- The country’s gross domestic product (GDP) expanded 6.1 percent in the third quarter of the year, making it still one of the fastest growing economies in Asia,...

MPIC core earnings up 8% to P12.2-B

By Leslie Gatpolintan (PNA) MANILA -- Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) reported Wednesday an 8-percent rise in core net income in the first three quarters of 2018, driven by its expanded power...

Duterte thanks Chinese car maker for investing in PH

MANILA – President Rodrigo Duterte on Wednesday expressed gratitude to Guangzhou Automobile Corp. (GAC), a Chinese automobile maker, for investing in the Philippines. “It is indeed an honor to welcome GAC Motor to...

Farm output down 0.83% in Q3

MANILA -- The country’s agricultural output declined slightly by 0.83 percent in the third quarter of 2018 mainly due to decreases in the output of the crops and fisheries subsectors. The Philippine Statistics...
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