Business

USAID, PH biz group launch P1.7-B project for youth

MANILA -- The United States Agency for International Development (USAID) and the Philippine Business for Education (PBEd) on Friday launched YouthWorks PH, a five-year PHP1.7 billion workforce development project which aims to...

Money supply, lending expand in April

MANILA -- Domestic liquidity, also known as M3, continued to expand in April this year, the Bangko Sentral ng Pilipinas (BSP) said. In its latest Depository Corporations Survey released Friday, the BSP said...

PH manufacturing sector strengthens in May

MANILA -- The country’s manufacturing sector gained strength in May to 53.7 from 52.7 the previous month as reflected by IHS Markit's purchasing managers’ index (PMI) survey, which was released Friday. The Philippines’...

BSP: Business optimism on PH still stable in Q2

MANILA -- Bangko Sentral ng Pilipinas' (BSP) Business Expectation Survey (BES) for the second quarter of 2018 revealed that businessmen have remained optimistic about the Philippine economy. The BSP reported Thursday that...

BSP forecasts higher inflation in May

MANILA -- The Bangko Sentral ng Pilipinas (BSP) is projecting an even higher inflation rate this month to settle within the range of 4.6 percent to 5.4 percent. Inflation rate last month...

16 Taiwanese firms scout for business opportunities in PH

MANILA -- Sixteen companies from Taiwan recently visited the Philippines in search of business opportunities, the Board of Investments (BOI) revealed in a statement Thursday. Industrial Group of Taiwan Head of Delegation...
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