Business

Foreign Direct Investments Surge Three-Fold in June 2017; First Semester Level Reaches US$3.6 Billion

Sept 11, 2017 - Foreign direct investments (FDI) grew by 182.7 percent to US$674 million in June 2017 from US$238 million for the same month in 2016, reflecting investors’ continued bullish...

BMW Gears Up to Mass Produce Electric Cars by 2020

FRANKFURT/MUNICH — Germany's BMW is gearing up to mass produce electric cars by 2020 and will to have 12 different models by 2025, it said on Thursday, as traditional manufacturers race...

Rise of PH’s August ’17 inflation to 3.1% expected: Espenilla

MANILA - The Banko Sentral ng Pilipinas (BSP) on Tuesday said the 3.1 percent rise of price increases in August, from 2.8 percent the previous month, is “as expected.” Data released by...

Inflation rises to 3.1% in August

MANILA -- The country’s inflation rate surged to 3.1 percent in August 2017 from 2.8 percent in the previous month, due to higher prices of food, transport, water and electricity. A report from Philippine...

ING Bank economist eyes PH’s August ’17 inflation at 2.9%

MANILA - - An economist of ING Bank Manila continues to see manageable inflation in the Philippines, with the August 2017 level eyed at 2.9 percent, within the government's full-year  target...

PH halal export seen to grow to USD1.4B in 2018

MANILA -- The country’s halal export revenues for next year is seen to grow to USD1.4 billion from the current USD800 million outbound sales, Department of Trade and Industry (DTI) Assistant...
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