Business

PH Q1 ’18 revenues, disbursement improve

MANILA -- Gains from the Duterte administration’s tax reform program as well as the massive infrastructure program are reportedly being felt already. Finance Secretary Carlos G. Dominguez III said collections of the Bureau...

DTI optimistic with auto industry’s growth

MANILA – The Department of Trade and Industry (DTI) maintains a positive outlook of the country’s automotive industry. Board of Investments (BOI) Executive Director Ma. Corazon Halili-Dichosa said during the Manila International Auto Show...

PH March ’18 inflation uptick as expected: BSP

MANILA -- The Philippines’ higher-than-target inflation rate of 4.3 percent in March 2018 was not unexpected, Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said Thursday. “Markets are already factoring this,”...

Manufacturing output, value post double-digit in February

MANILA -- The country’s manufacturing output and value posted double-digit growth in February, the Philippine Statistics Authority (PSA) reported Thursday.In its Monthly Integrated Survey of Selected Industries (MISSI) for February 2018, volume...

Ramon Ang on Boracay rehab: It’s a step in the right direction

MANILA -- San Miguel Corp. (SMC) President and COO Ramon Ang said he supports the government’s initiative to regenerate the world-famous island resort of Boracay and eventually transform it into a sustainable...

DOF sees March inflation rate at 4.1%

MANILA -- Higher taxes of sin products are seen to drive Philippines’ inflation rate higher in March 2018 to around 4.1 percent from 3.9 percent in the previous month using the rebased...
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