Business

Homegrown Mindanao products on sale in Makati

MANILA — Homegrown products from numerous micro, small, and medium enterprises (MSMEs) from Mindanao are on display at Glorietta 3, Makati City for a four-day Mindanao Trade Expo (MTE) until Oct. 9. Yvette...

Chelsea Logistics eyes 6 more new vessels

MANILA -- Chelsea Logistics Holding Corporation (CLC) is eyeing to acquire six new sea vessels, as it expands its fleet operations in the country. The company will invest around USD100 million for the...

UK energy services firm eyeing PH solar farm projects

MANILA -- United Kingdom-based energy services firm, Wood Group Plc., is looking into investment opportunities in local solar farm projects, Trade Secretary Ramon Lopez disclosed on Friday. In an interview, Lopez said the...

Typhoon ‘Ompong’ exacerbated food inflation: economist

MANILA -- Typhoon "Ompong" (Mangkhut), which ravaged parts of northern Philippines in September, contributed much to the increase in food prices, most especially agricultural goods, an economist from the IHS Markit said. IHS...

PH inflation seen to ease by yearend

MANILA -- The top economic managers of the Duterte administration remain optimistic that inflation will taper off by yearend after hitting a fresh nine-year high last month, mainly due to higher food...

Non-monetary measures needed to bring down inflation: BSP

MANILA -- Non-monetary measures need to be put in place to help slow the rise of Philippines’ inflation rate and bring it to within the two to four percent target in 2019. This...
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