Economy

Overseas trade concerns weaken local markets

MANILA -- Continued trade war concerns weighed heavily on the Philippines’ equities and the peso on Tuesday, with the latter ending the day at its nearly 13-year low against the US dollar. The...

‘Taming’ inflation requires set of measures: Andaya

MANILA -- Majority Leader Rolando Andaya Jr. said on Tuesday addressing the soaring inflation requires a "cocktail of solutions" rather than just a single "magic cure." Andaya made the statement following Malacañang's announcement...

Palace hails British bank’s positive outlook on PH economy

MANILA -- Malacañang on Monday welcomed a recent positive forecast by the Barclays, a British investment bank and financial services company, on the Philippines’ economy in 2018. “We welcome the recent Philippine...

Number of ‘Ompong’-affected families now at 507K

MANILA -- As the government intensifies its efforts to aid communities severely devastated by Typhoon Ompong last week, the National Disaster Risk Reduction and Management Council (NDRRMC) announced that families affected by...

DA eyes boosting cheaper food’s entry into MM

MANILA -- The Department of Agriculture (DA) on Friday bared plans to flood Metro Manila with lower-priced locally-grown agricultural produce to make food affordable and to counter profiteering. The department plans to open...

State of calamity declaration to tame inflation after ‘Ompong’: NEDA

MANILA -- The declaration of a state of calamity in areas affected by Typhoon ‘Ompong’ can ease inflationary expectations on account of its devastation, the National Economic and Development Authority (NEDA) said...

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