Business

7-8% economic growth ‘doable’: FMIC, UA&P

MANILA -- First Metro Investments Corp. (FMIC) and University of Asia and the Pacific (UA&P) remain optimistic about achieving faster Philippine economic growth this year. In the latest issue of The Market...

DBP eyes P5.55-B net income in 2018

MANILA -- The Development Bank of the Philippines (DBP) targets a PHP5.55- billion net income target for 2018 after registering a PHP5.1 billion net income in 2017. In a briefing Monday, DBP...

TRAIN expected to yield P130-B revenues in 2018: DBM sec

MANILA – Amidst complaints about the additional excise tax that goes with the Tax Reform Acceleration and Inclusion (TRAIN), Department of Budget and Management Secretary Benjamin E. Diokno said the new law...

BSP chief doused inflation uptick fears after RRR cut

MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. dubbed as "unfounded" the fears of some analysts of loser monetary policy that can fuel inflation after the recent cut in...

PH’s current account deficit far from being worrisome – BSP exec

MANILA - Monetary officials maintain that the Philippine Current Account (CA) balance , even at a small deficit, remains in a healthy level. The Bangko Sentral ng Pilipinas (BSP) has a PHP7...

ADB okays USD235-M loan for renewable energy projects in ASEAN

MANILA -- The Asian Development Bank (ADB) on Friday signed a loan agreement of up USD235 million with a Thai firm to develop and enhance renewable energy in the Philippines and...
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