Economy

Dominguez discounts off-cycle move

MANILA – Finance Secretary Carlos Dominguez III is optimistic the country's high inflation rate today will not affect the national budget and does not need an off-cycle measure from Bangko Sentral ng...

Higher importation sustains PH BOP deficit in Q2

MANILA -- Higher importation as a result of increased domestic demand continues to cause deficits in the Philippines’ current account, which in the second quarter of 2018 stood at USD2.9 billion. In a...

9-point plan seen to decelerate inflation

MANILA -- The administration's economic managers have proposed nine measures to immediately address food supply issues to bring inflation down by an estimated 2.4 percent. Budget Secretary Benjamin Diokno, in an interview after...

ADB pushes for further private sector role on transport infra

MANILA -- Countries in the Asia Pacific region should craft policies that enable the growth of private sector participation on transport infrastructure projects, the Asian Development Bank (ADB) said. ADB President Takehiko Nakao...

NFA services continue even as head quits post

MANILA -- The National Food Authority (NFA) management assures the public that the delivery of its services will continue even as administrator Jason Aquino has requested to be relieved from his post. In...

PCCI execs unfazed by 6.4% inflation

MANILA -- Top officers of the Philippine Chamber of Commerce and Industry (PCCI) are taking the 6.4 percent August inflation rate in stride, even as they called on economic managers to apply...

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