Business

PH’s fiscal position still strong: Dominguez

MANILA -- Finance Secretary Carlos Dominguez III has assured senators that the Philippines’ fiscal position remains strong, with revenues expected to be above target, the debt burden continuing its downtrend and the...

Salceda says measures to cushion inflation surge needed

LEGAZPI CITY --- Albay Representative Joey Salceda on Monday said he anticipates that surging inflation is likely to persist until yearend, and that the administration's economic managers should implement aggressive measures to...

Gov’t to hold job fair for ‘Build, Build, Build’ projects

MANILA -- Thousands of job vacancies in the construction sector may be filled on Sunday, Aug. 12, when government stages its own job fair dubbed Jobs Jobs Jobs Caravan. The positions up for...

Moody’s Analytics forecasts Q2 GDP growth at 6.6%

MANILA -- Moody's Analytics is betting on a 6.6 percent Gross Domestic Product (GDP) growth for the Philippines in the second quarter of 2018, which if achieved, would be solid performance from...

Unemployment decline, hefty remittances buoy consumer spending

MANILA -- The declining number of unemployed as well as a hefty inflow of foreign remittances are seen to support local consumer spending in 2018 until 2019, a Fitch Group unit reported...

Palace welcomes Moody’s positive outlook on PH economy

MANILA -- Malacañang on Friday welcomed the positive outlook of Moody’s Investors Service on the Philippine economy. “We welcome the positive outlook of Moody’s Investors, stating that the Philippines is expected to sustain...
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