Economy

Improving export industry to address trade gap: NEDA

MANILA -- The National Economic and Development Authority (NEDA) underscored the need for the government to implement strategies to improve the export industry in the short to medium term to reduce the...

Peso gains slightly; local stocks end flat

MANILA — The Philippine peso opened the week stronger against the greenback, while local shares ended little changed on Monday. The local currency finished the day at 53.4 from Friday’s finish of 53.42,...

Competitive exchange rate beneficial to PH: Pernia

MANILA -- Filipinos should not worry about the peso’s depreciation against the US currency as the competitive exchange rate is actually beneficial to the Philippines, Socioeconomic Planning Secretary Ernesto Pernia said in...

NEDA-6 presents regional dev’t plan

BACOLOD CITY -- The National Economic and Development Authority (NEDA) presented the development challenges in Region 6 by identifying strategies to attain specific goals during the Western Visayas Regional Development Plan (WVRDP)...

PH to remain among region’s growth leaders

MANILA -- The Duterte administration’s economic managers remain confident the country is on track towards high economic growth and will continue to be among the growth leaders in the region. Finance Secretary Carlos...

Trading week ends with bearishness

MANILA -- The Philippine peso ended flat against the greenback, while the local stock barometer continued its decline on Friday. The local currency closed the day at 53.42 versus the dollar, unchanged from...

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