Economy

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...

‘Unimpeded’ rice import to moderate inflation: study

MANILA -- An ING Bank report sees a possible deceleration in the Philippines’ inflation rate as a result of the liberalization of rice importation, which will immediately address supply issues in the...

Duterte orders unimpeded rice importation

MANILA -- President Rodrigo R. Duterte has approved the unimpeded importation of rice as part of government efforts to combat rising inflation and lower prices, Malacañang said Tuesday. Presidential Spokesperson Harry Roque said...

Another oil price hike set Tuesday amid surging world crude prices

MANILA – Another significant increase in local pump prices is set Tuesday, days after international benchmark Dubai Crude breached the USD80 per barrel level, triggering speculation that simmering geo-political tensions will once...

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