Economy

Martial law extension won’t affect PH economy: NEDA

MANILA -- The National Economic and Development Authority (NEDA) is optimistic that the one-year extension of martial law in Mindanao will not adversely affect the economy. “If we go by the experience in Marawi,...

New South Wales wants to boost economic ties with PH

MANILA – The government of New South Wales aims to strengthen its trade and investment ties with the Philippines, particularly sharing its expertise and technological know-how and participating in infrastructure projects. In...

Nomura sees PSEi hitting 9,100 pts by 2018

MANILA -- Japanese think tank Nomura expects the local stock barometer to rise to the 9,100 points by the end of 2018, bolstered by strong economic growth story of the Philippines. Dante...

USD12-M animal nutrition premix plant opens in Bulacan

CITY OF MALOLOS, Bulacan -- Cargill, the world’s biggest feedmill corporation, has opened its first plant in the Philippines at the First Bulacan Industrial Park in Barangay Tikay here. Chuck Warta, president...

Upgrade on PH’s credit ratings boosts peso, PSEi

MANILA - - Monday’s upgrade by Fitch Ratings on the Philippines’ investment grade to ‘BBB’ from ‘BBB-‘ with Stable outlook lifted both the peso and the Philippine Stock Exchange index (PSEi)...

Palace ‘pleased’ with PH credit rating upgrade

MANILA -- Malacañang on Monday welcomed the rating upgrade of the Philippines’ long-term foreign currency-denominated debt by one level, saying the rise in the ratings only shows the country’s consistent macroeconomic...

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