Economy

January export receipts on forest products grow 83.2%

MANILA -- The country's export receipts on forest products grew 83.2 percent in January from year-ago figures, with lumber and plywood shipments mainly accounting for the gain. The Philippine Statistics Authority (PSA) said...

TRAIN had little impact on February ’18 inflation rate: DOF

MANILA -- Philippines’ inflation rate ticked up anew in February 2018 but only a small part of it can be attributed to the impact of tax reform and that the poor...

PH-China loan signing for infra projects set

MANILA -- The Philippine government is set to sign agreements with the Chinese government for some of the Duterte administration’s priority infrastructure projects. Finance Undersecretary Edita Tan said the loan agreement signing...

DOF execs eye at least P18-B gain from planned fuel marking

 MANILA - - Officials of the Department of Finance (DOF) expect to gain at least PHP18 billion from the planned implementation of fuel marking by early 2019. Finance  Assistant Secretary Mark Dennis Joven...

Average 2018 inflation to rise beyond 2-4% target range – Espenilla

MANILA - - Higher prices of fuel, sugar-sweetened beverages and tobacco as well as electricity rates are seen to push  2018 average inflation in the Philippines to rise beyond the government’s two...

Prices of goods generally stable: DTI

MANILA -- The Department of Trade and Industry (DTI) said prices of goods are generally stable across the country, based on surveys done by the agency in key trading areas nationwide. In...

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