MANILA -- Investments approved by the Board of Investments (BOI) from January to May this year rose by 19 percent to PHP207 billion from PHP174 billion during the same period in 2017.
In...
MANILA -- The manufacturing sector posted stronger growth in May, bouncing back from last year's decline, as it is being driven by the expansion of businesses amid rising consumer demand.
The Philippine Statistics...
MANILA -- Both the Philippine peso and the local bourse ended in the red on Thursday after news broke out of a higher-than-expected June inflation.
The local unit ended the trading at 53.42...
MANILA -- Actual inflation rate in June exceeded the government’s outlook as it stood at 5.2 percent, a record-high in more than five years.
Data released by the Philippine Statistics Authority (PSA) Thursday...
MANILA -- The Department of Finance (DOF) sees inflation increasing even further to 4.9 percent in June, from the 4.6 percent figure posted in May.
In the DOF economic bulletin released on Tuesday,...
MANILA -- The Department of Finance (DOF) sought to allay domestic and foreign investors' fears that the depreciating peso is dragging the national economy down with it.
In its economic bulletin released on...
