Economy

DTI: E-commerce to help in economic recovery

The Department of Trade and Industry (DTI) disclosed that e-commerce will greatly help in the recovery of the Philippine economy. In a public briefing, DTI Undersecretary Ruth Castelo stated that since the...

BSP projects point inflation of 3.7 percent for January 2021

BSP PR The BSP projects January 2021 inflation to settle within the 3.3 - 4.1 percent range. Higher prices for fuel and meat as well as increased Meralco power rates and excise taxes...

Investing in stock market still a challenge to many

  Many individuals are still intimidated in investing in the stock market. Aside from the fear of financial loss, among the concerns on investing is the confusion brought about by quotes, data, charts,...

PH GDP at -8.3% in 4th quarter of 2020

The Philippine gross domestic product (GDP) is at -8.3% in the 4th quarter of 2020 due to the effect of the Coronavirus Disease 2019 (COVID-19) pandemic to the market as reported...

NEDA acknowledges importance of youth in economy’s recovery

National Economic and Development Authority (NEDA) Acting Secretary Karl Chua acknowledged the importance of the youth in the economy’s recovery. The family activities of 44% of the youth aged 20 below largely...

PHL, China sign RMB500-M grant accord on economic and technical cooperation

DOF PR The Philippines and China signed Saturday an agreement on economic and technical cooperation that will provide the Philippines with a grant of 500 million renminbi (about US$77.38 million or P3.72...

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