Economy

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...

Imports drove PH trade growth in September

By: NEDA PR (PNR) MANILA -- The country’s total merchandise trade grew stronger in September 2018 due to robust imports of capital goods, which is vital for the long-term growth of the domestic...

Farm output down 0.83% in Q3

MANILA -- The country’s agricultural output declined slightly by 0.83 percent in the third quarter of 2018 mainly due to decreases in the output of the crops and fisheries subsectors. The Philippine Statistics...

DOF eyes 6.5% GDP growth in Q3

MANILA -- The Department of Finance (DOF) is projecting "at least 6.5 percent" growth for the Philippine economy in the third quarter this year, higher than the upwardly revised 6.2 percent in...

BOI foreign investment approvals up 156% in Jan.-Oct.

MANILA -- The Board of Investment (BOI) approved PHP39.3 billion worth of projects from foreign sources in the first 10 months of the year. BOI reported Wednesday that foreign investment pledges from January...

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