Business

Fitch: PH maintains ‘BBB’ credit rating

By NG Seruela International debt watcher Fitch Ratings affirmed on Monday (July 12) the Philippines’ “BBB” credit rating, which is one notch above the minimum investment grade, amid the COVID-19 pandemic. In a...

DTI expects rosy Q2 performance despite quarantine restrictions

Latest economic figures point to better economic performance for the second quarter of the year despite stricter community quarantine status, the Department of Trade and Industry - Board of Investments (DTI-BOI) said in a statement.

World Bank approves program for achieving a resilient financial sector to accelerate economic recovery

The World Bank’s Board of Executive Directors approved on June 24 a US$400 million loan to support reforms that will assist the Government of the Philippines in achieving a resilient financial...

DTI sees positive economic growth in 2021

Department of Trade and Industry (DTI) Secretary Ramon Lopez is optimistic that the Philippine economy will develop a positive growth in 2021. In a public briefing on Monday (June 14), Sec. Lopez...

BOI invites Japanese pharma firms to invest in PH

MANILA – The Board of Investments (BOI) said on Friday it is keen to invite Japanese pharmaceutical companies to invest in the Philippines.

Record-breaking IPO shows confidence in PH post-COVID growth

By Kris Crismundo MANILA – Philippine-based food manufacturer Monde Nissin Corp. is now a publicly listed firm after completing the largest initial public offering (IPO) in local stock market’s history.  During the listing...
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