Economy

Pernia says scheduled hike in fuel tax should push through

MANILA -- Socioeconomic Secretary Ernesto Pernia favors that the petroleum tax hike scheduled for next year push through, after the latest report on oil futures forecast a softening of oil world crude...

PCCI proposes to PRRD possible solutions to economic woes

MANILA -- The country’s largest business organization, the Philippine Chamber of Commerce and Industry (PCCI), presented to President Rodrigo Duterte on Thursday its list of resolutions formed in the weeks leading up...

Gov’t adjusts GDP, inflation targets

MANILA – The Philippine government's economic managers on Tuesday announced the revision of some economic targets after factoring-in the impact of mostly external factors. In a briefing, Budget and Management Secretary Benjamin Diokno...

World oil prices help Vietnam expand an already fast-growing economy

TAIPEI — An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red...

Implementation of strategies key to boost exports, trade: NEDA

MANILA -- The National Economic and Development Authority (NEDA) is pushing for the implementation of fresh strategies, including the removal of unnecessary regulatory impediments to boost exports crucial to sustaining total trade...

Time to focus on economy: Lacson

MANILA -- Now that President Rodrigo Duterte himself denied that he has cancer, politicians, especially the opposition, should now train their focus on the pressing problems facing the country, Senator Panfilo Lacson...

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