Business

PH joins move for ASEAN-wide Self-Certification Scheme

MANILA -- The Philippines, along with the nine member states of Association of Southeast Asian Nations (ASEAN), are on their way towards the realization of an ASEAN-wide Self-Certification Scheme (AWSC). During the ASEAN...

Economists forecast ‘6%-level’ August inflation

MANILA -- Private-sector economists forecast August's inflation to be in the "six percent-level", slightly higher than what their counterparts in government are predicting. In a report released Friday, ING economist for Asia Prakash...

Local stocks up, Peso little changed as trading week ends

MANILA -- The resiliency of the Philippine peso and the Philippine Stock Exchange index (PSEi) shone through on Friday amidst negative sentiments due to concerns over US-China trade woes and worsening economic...

BSP forecasts August inflation at 5.9%

MANILA -- Philippine monetary officials are expecting inflation to soar even higher in August, about 5.9 percent, or even higher than a month-ago’s multiyear high of 5.7 percent. In a statement Friday, the...

DTI asks wet market vendors to explain poultry prices

MANILA -- The Department of Trade and Industry (DTI) issued on Friday letters of inquiry to 15 wet market vendors in Paco Market (Manila) and Nepa Q-Mart (Quezon City), asking them to...

Vehicle sales hit largest drop in July

MANILA -- Motor vehicle sales in the country dropped sharply in July, as revealed by the joint report of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers...
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