Business

Average 2018 inflation to rise beyond 2-4% target range – Espenilla

MANILA - - Higher prices of fuel, sugar-sweetened beverages and tobacco as well as electricity rates are seen to push  2018 average inflation in the Philippines to rise beyond the government’s two...

Critical economic reforms gaining traction, must continue: NEDA

MANILA -- The National Economic and Development Authority (NEDA) said Tuesday that the ranking of American media company US News which placed the Philippines on the top spot of “best countries to...

Local, foreign biz groups oppose more non-working holidays

MANILA -- The Joint Foreign Chambers of the Philippines-Philippine Business Groups (JFC-PBG) opposed the legislation of more non-working holidays, saying the increasing number of non-working holidays will affect the country’s competitiveness. In a...

Inflation hits 3-year high at 3.9%

MANILA -- Inflation rate surged to more than three-year high in February 2018 as prices of food, transport and beverages increased, the government reported on Tuesday. The Philippine Statistics Authority (PSA) said...

PRRD vows full support for SMEs development

MANILA -- President Rodrigo Duterte on Tuesday thanked the country’s entrepreneurs for their great contribution to the booming economy, and vowed full support to the development of small and medium enterprises...

US-based report cites PH as best country for investments

MANILA -- The Philippines was ranked as the top destination for investments, according to US News and World Report. In its study, US News ranked the best countries to invest in by...
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