Economy

PH economy grows 6.9% in Q3

MANILA -- The Philippine economic growth topped market expectations in the third quarter of 2017 on strong growth in exports and public spending, making the country still one the best performing...

China Development Bank collaborates with BCDA to seek best financing option for USD4.5B-worth infrastructure projects

MALACANANG-Philippine President Rodrigo Duterte and Chinese Premier Li Keqiang witness the signing of a Memorandum of Understanding (MOU) between the Bases Conversion and Development Authority (BCDA) and China Development Bank (CDB)...

ASEAN Summit boosts Central Luzon’s tourism, economy

CLARK, Pampanga --The country's hosting of the 31st ASEAN Summit and Related Meetings gave a big boost to the tourism and economic image of Central Luzon, particularly the Clark Freeport. Local officials...

PH’s Q3 ‘17 growth at 6.6%, says economist

MANILA -- An economist of ING Bank Manila has forecast a 6.6-percent growth in the country’s Gross Domestic Product (GDP) in the third quarter of 2017. In a research note, ING Bank...

Peso still strong; PSEi down anew

MANILA - - The Philippine peso remained strong Wednesday but the Philippine Stock Exchange index (PSEi) succumbed to foreign selling as the December meeting of the Federal Reserve nears. The local currency...

Philippine government teams up with Facebook for high speed broadband infrastructure

Today, the Department of Information and Communications Technology (DICT) and the Bases Conversion and Development Authority (BCDA) launched their project called Luzon Bypass Infrastructure, with Facebook as the first party utilizing...

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