Business

Protectionism could lead to price spike, cement importers say

MANILA – Cement importers warned that cement prices in Metro Manila could hit record-highs if the Department of Trade and Industry (DTI) backs the adoption of protectionist policies. In an interview, Cohaco Cement...

Zambo expo 2018 earns P25-M in sales

ZAMBOANGA CITY – The Department of Trade and Industry (DTI) on Tuesday hailed the 2018 Zamboanga Peninsula Exposition (ZAMPEX) as a big success as it recorded PHP25.4 million in sales, twice higher...

Gov’t adjusts GDP, inflation targets

MANILA – The Philippine government's economic managers on Tuesday announced the revision of some economic targets after factoring-in the impact of mostly external factors. In a briefing, Budget and Management Secretary Benjamin Diokno...

Local markets manage to eke gains Tuesday

MANILA – Both the Philippine Stock Exchange index (PSEi) and the peso finished Tuesday with gains even as investors contemplate how a souring of US-Saudi relations over the presumed murder of journalist...

PRRD expresses support for Silk Road initiatives

ZHIANGJIAJIE, China – President Rodrigo Duterte has expressed support for the initiatives of the Silk Road Chamber of International Commerce (SRCIC), which seeks to promote trade and economic development in the region. In...

Non-infra programs face cancellation if oil excise tax suspended

MANILA – Some of the Duterte administration's non-infrastructure expenditures scheduled for 2019 face possible cancellation if the implementation the oil excise tax's second tranch is put on hold due to soaring world...
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