CALAMBA CITY, Laguna – Philippine Economic Zone Authority (PEZA) Administrator Charito Plaza on Wednesday afternoon assured support to the investments of LuLu Group International's, a Middle East-based conglomerate and top retail services...
MANILA -- An economist from IHS Markit on Thursday said rising world crude prices and the Bangko Sentral ng Pilipinas' (BSP) tightening of monetary policy are slowing down the country’s economic growth.
IHS...
MANILA -- The economy expanded by 6 percent in the second quarter of 2018, making the Philippines still one of the best-performing economies in Asia.
In a press conference on the release of...
LEGAZPI CITY -- House Speaker Gloria Macapagal Arroyo has proposed at least five economic measures that would cushion the impact of rising inflation, Albay (2nd District) Rep. Joey Salceda said.
According to the...
MANILA -- Budget and Management Secretary Benjamin Diokno said the higher range set by the Bangko Sentral ng Pilipinas (BSP) for its July 2018 inflation projection, at between 5.1-5.8 percent, is not...
MANILA -- Socioeconomic Planning Secretary Ernesto Pernia is hopeful of further reduction in the country’s poverty incidence given the sustained economic growth and the moderate food inflation.
The Duterte administration targets to reduce...