Economy

Local markets down on Fed rate hike anticipation

By Joann Villanueva (PNA) MANILA -- The Philippine Stock Exchange index (PSEi) fell to the 6,900-level Friday and the peso made a u-turn in apparent reaction to a statement from the US Federal Reserve...

DOF pushes for economic growth sustaining measures

By Joann Villanueva (PNA) MANILA -- The passage of still pending tax reform measures, addressing supply-related issues in agriculture and opening imports of agriculture inputs for manufacturing, are seen to sustain the robust growth...

Peso gains strength, local shares lethargic

By: Joann Villanueva (PNA) MANILA -- The Philippine peso improved further Thursday due to a general weakness in the US dollar while the Philippine Stock Exchange index (PSEi) ended flat. The local currency finished the day...

PH still among Asia’s fastest growing economies

By Leslie Gatpolintan/PNA MANILA -- The Philippines remained one of the fastest growing economies in Asia even after posting slightly slower growth at 6.1 percent in the third quarter, due to weaker agriculture...

Infra program to boost PH growth in 2019

By Joann Villanueva/PNA MANILA -- Global information firm IHS Markit remains optimistic about the Philippine economy's direction for the remainder of the year but expects stronger growth in 2019 with the Duterte administration’s...

PH to maintain GDP growth within 6% level

By Kris Crismundo/PNA MANILA -- The Philippine economy will continue to grow within the 6-percent level for the rest of the year and in 2019, according to London-based economic think-tank IHS Markit. In an...

Popular