Business

PCCI execs unfazed by 6.4% inflation

MANILA -- Top officers of the Philippine Chamber of Commerce and Industry (PCCI) are taking the 6.4 percent August inflation rate in stride, even as they called on economic managers to apply...

PH economy continues to grow despite inflation

MANILA -- Despite rising inflation, the Philippine economy is improving since the proportion of employed Filipinos also rose in July 2018, Malacañang said Tuesday. “Ang ekonomiya naman, bagama’t meron tayong problema sa inflation,...

Peso stays afloat, local shares down on trade concerns

MANILA -- A host of concerns, both from overseas and in the domestic front continue to haunt Philippine equities but the peso was able to stay afloat as the week's trading came...

BSP to ‘take strong immediate action’ vs. inflation

MANILA -- The Bangko Sentral ng Pilipinas (BSP) has affirmed its readiness to “take strong immediate action using the full range of instruments in its toolkit” to address threats generated by higher-than-expected...

No delay in ease of doing business law IRR: DTI

MANILA -- Department of Trade and Industry (DTI) Secretary Ramon Lopez on Friday assured there will be no delay in the release of the implementing rules and regulations (IRR) of Republic Act...

Consumer spending outlook for Q4 improves

MANILA -- Filipino consumers’ spending outlook on basic goods for the fourth quarter of 2018 has notably improved and this is expected to bring windfall benefits to the domestic economy. Results of the...
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