Business

Robust growth seen to widen PH’s current account deficit

CLARK, Pampanga -- An economist of Barclays forecasts continued widening of the Philippines’ current account deficit to above two percent of gross domestic product (GDP) as the country imports more to meet...

Barclays keeps bullish outlook for PH

CLARK, Pampanga -- An economist of Barclays remains optimistic about an above six percent expansion for the Philippine economy in 2018 amid risks from elevated inflation. In a briefing at the sidelines of...

Gov’t to gain P5.3-B for hiking processed meat tariff

MANILA -- An industry group said the government will gain some PHP5.3 billion in revenues if it will increase the tariff on mechanically deboned meat (MDM), or the raw materials used for...

ADB sees PH economy sustaining growth despite inflation

MANILA -- The Asian Development Bank’s (ADB) chief economist remains optimistic the Philippine economy will sustain its growth momentum on strong domestic demand and public and private investments, despite rising inflation. “If you...

NFA rice soon to be available in supermarkets

MANILA -- Subsidized rice will soon be available in supermarkets, as part of the government’s measure to lower the prices of the Filipino staple. On Tuesday, the Department of Trade and Industry, National...

Japanese firm, NegOcc renew dairy dev’t project deal

BACOLOD CITY -- The Negros Occidental provincial government has renewed its partnership with Japanese firm Tenshinzan (Philippines) Inc. for the continued implementation of a dairy development project at the Negros First Ranch...
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