Business

6%-level GDP growth for PH still possible

MANILA -- An official of Sun Life of Canada (Philippines) Inc. (SLOCPI) forecasts a 6.4 percent growth for the Philippine economy this 2018, lower than the government’s seven to eight percent target,...

BSP likely to keep rates steady in Q4: economist

MANILA -- The Bangko Sentral ng Pilipinas (BSP) will likely keep key policy rates steady in the last quarter of the year, after raising them by a total of 150 basis points...

Local markets weaken on oil price upticks, USMCA

MANILA -- Philippine equity gauges all finished in the red Tuesday and the peso followed after news about the last minute deal between the US, Canada and Mexico, which effectively replaces the...

Crafting of National Intellectual Property Strategy

MANILA -- The Intellectual Property Office of the Philippines (IPOPHL) has completed the formulation of National Intellectual Property Strategy (NIPS) as a tool to help propel economic growth, the agency disclosed in...

DTI wants retailers to import rice, sugar

MANILA -- Trade Secretary Ramon Lopez said retailers may be permitted to directly import rice and sugar, but retail prices will be set by government. Lopez told reporters that this price setting system...

BTr rejects bids for 91-day T-bills

MANILA – Demand for higher yields prompted the Bureau of the Treasury (BTr) to reject all bids for the 91-day Treasury bill (T-bill) Monday and partially award the 182-day paper. The average rate...
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