Economy

Arroyo proposes 5 economic measures to cushion inflation

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...

5.1-5.8% PH inflation forecast for July not alarming: Diokno

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...

Pernia hopeful of reduction in PH poverty incidence

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...

Espenilla: Economic expansion benefits banking system

MANILA -- Banks continue to reap the benefits from the Philippine economy's sustained expansion as shown by the robust growth of deposits and lending activities, which in turn helps ensure the industry’s...

DTI urges Marawi IDPs, soldiers to tap microloan fund

MANILA -- The Department of Trade and Industry (DTI) said it has PHP100 million now being made available to displaced Marawi residents and military personnel who saw combat in the beseiged city...

PH economic program vindicated by Fitch’s ‘BBB’ rating

MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said the Monetary Board will continue to implement its price stability mission to help boost the domestic economy’s upward trajectory. Espenilla's...

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