Economy

DOST to boost textile technology, programs

MANILA -- As part of the Philippine Tropical Fabrics (PTF) Month this January, the Department of Science and Technology - Philippine Textile Research Institute (DOST-PTRI) announced Friday it has lined up several...

PH one of the fastest-growing economies in Asia

Socioeconomic Secretary Ernesto Pernia on Tuesday was pleased to report that Philippine economy’s performance remains on target in the last quarter of 2017. Hitting a solid 6.6 percent growth rate in the...

Chinese investor finds monorail feasible in Iloilo City

ILOILO CITY -- Iloilo City is capable of hosting a monorail project according to a pre-feasibility study conducted by the BYD Auto Co. Inc., an automaker and new energy technology based in...

Strong 2017 PH growth shows ‘underlying strength’: BSP

MANILA -- The strong growth of the Philippine economy in 2017 shows its intrinsic strength and bodes well for the Bangko Sentral ng Pilipinas’ (BSP) inflation-targeted framework. The statement was made by...

Palace elated over PH’s 6.7% economic growth in 2017

MANILA -- Malacañang on Tuesday expressed elation over the 6.7 percent growth that the Philippine economy registered in 2017. “It is something that we are very proud of. We’re elated,” Presidential Spokesperson...

PPA income inch up 16% in 11 months

MANILA —The Philippine Ports Authority (PPA) posted a 16% hike in its net income in the January to November 2017 period despite starting the year on a conservative mood. PPA was able...

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