Economy

Peso slightly down vs. USD ; PSEi ends flat

MANILA - - The Philippine peso stayed firm Tuesday but the Philippine Stock Exchange index (PSEi) ended flat as investors continue to weigh the impact of recent developments overseas as well...

IMF keeps strong growth outlook for PH economy

MANILA -- International Monetary Fund (IMF) remains optimistic on the sustained strong expansion of the Philippine economy but cited the possible impact of external developments as a downside risk to domestic growth. In...

BOI approves Php30M coco project

The Board of Investments (BOI) recently approved the application of All Bright Resources International, Inc. as a new export producer of coco fiber and coco peat, in line with the administration’s...

PSEi recovers; peso slightly weakens on positive US jobs report

MANILA - - The Philippine Stock Exchange index (PSEi)  finished the week’s first trading day up but the peso finished a little weaker against the greenback on back of the positive...

PH proposes 6 more priority infra projects for China funding

MANILA -- The Philippine government has identified at least six infrastructure projects, bulk of which is located in Mindanao, under the second basket of projects it would propose for possible funding...

Price increase not worrisome, says Dominguez

MANILA - - Philippines’ rate of price increase continues but Finance Secretary Carlos Dominguez III said this is not worrisome since rates are just normalizing. As of last September, inflation averaged at...

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