Economy

PPA, BOC forge clarity on jurisdiction and permitting process of CAO

METRO MANILA --- The Department of Transportation-Philippine Ports Authority (DOTr-PPA) and Bureau of Customs (BOC) have ironed out their differences in interpretation of proposed provisions in the draft Customs Administrative Order...

BSP chief eyes more forex liberalization

MANILA, July 31 -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. vows further foreign exchange liberalization to help address rising financing requirements of the domestic economy. Espenilla said bank lending...

DA helps rice farmers become agri-entrepreneurs

MIDSAYAP, North Cotabato, July 30 (PNA) -- To push farmers in becoming agri-entrepreneurs, the Philippine Rice Research Institute (PRRI-Midsayap) spearheaded today a Farmers' Field Day and Forum attended by farmers across...

PH inflation may reach its peak this year – BSP exec

MANILA, July 29 -- A ranking official of the Bangko Sentral ng Pilipinas (BSP) said rate of price increases in the country may have reached its peak this 2017 after decelerating...

Peso predicted to reach 52-level vs. USD this year

MANILA, July 29 -- An analyst forecasts the Philippine peso to weaken beyond the government’s 48-50 target range for 2017 but considers this as still okay as long as depreciation is...

Indonesia eyes more trade volume with PH

MANILA, July 28 -- Indonesia is eyeing significant increase in trade with the Philippines in the next few years. “We hope that in the future, our trade relations, investment relations will grow...

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