Economy

Duterte raises OFWs assistance fund to P1B

MANILA, July 24 -- Recognizing the significant contribution of Filipino overseas workers (OFWs) to the country’s economy, President Rodrigo Duterte in his second State of the Nation Address (Sona) on Monday...

Duterte submits PHP3.767-T 2018 budget

MANILA, July 24 -- President Rodrigo Duterte formally handed over to Congress the proposed PHP3.767 trillion national budget for 2018 after delivering his second State of the Nation Address (SONA) on...

BSP exec eyes recovery of PH’s BOP position in 2nd half of 2017

MANILA, July 23 -- A ranking Bangko Sentral ng Pilipinas (BSP) executive is optimistic on the recovery of the country's balance of payment (BOP) position in the second half of 2017. This,...

Gov’t urged to prioritize infra push

MANILA, July 23 -- Economists at the University of Asia & the Pacific (UA&P) and the First Metro Investments Corporation are expecting the Duterte administration to speed up infrastructure projects crucial...

Investors, tourists concerned about terrorism, not martial law: Lopez

MANILA, July 22 -- Trade Secretary Ramon Lopez on Saturday allayed fears that all investors are hesitant to invest in Marawi City and Mindanao solely because of martial law and its...

Nomura sees higher PH GDP growth

MANILA, July 21 -- A stock brokerage venture between BDO Unibank and Japanese investment banking giant Nomura sees a higher Philippine economic growth forecast of 6.7 percent this year and 6.8...

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