Business

NEDA chief sees sustained GDP expansion in Q3

The domestic economy is expected to remain in expansion mode even with the movement restrictions in the third quarter of 2021.

PSEi down on renewed China Evergrande concerns; peso gains

The local stock barometer started the week in the negative territory partly on renewed concerns regarding China Evergrande Group but the peso gained against the greenback.

SoKor firm investing P5-B for e-vehicle plant in PH

South Korean firm ENPlus Co. Ltd. is investing PHP5 billion in the Philippines to put up its electric vehicle manufacturing facility, the Philippine Economic Zone Authority (PEZA) reported Friday.

US treasury secretary hopes Congress will approve global corporate tax deal

U.S. Treasury Secretary Janet Yellen said on Sunday (Oct. 10) that she hoped U.S. Congress would approve a key pillar of the global corporate tax deal agreed by some 136 countries and jurisdictions.

Former solon and seasoned legislator joins DBP Board

State-owned Development Bank of the Philippines (DBP) has welcomed a new member of its Board of Directors  – Dante V. Liban. Liban was a former city councilor and minority leader of the...

PH total outstanding debt now at ₱11.64-T

The Philippine government’s current total outstanding debt stands at ₱11.64 trillion. According to the Bureau of Treasury (BTr), as of the end of August 2021, the national government’s total debt increased by...
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