Economy

Results of DOST food security survey reinforce need to safely reopen economy, says Nograles

PR Though just over 96% of respondents surveyed in the Department of Science and Technology (DOST) Rapid Nutrition Assessment Survey (RNAS) acknowledged having received food assistance from the government and private sector,...

Dec 2020 inflation to settle within the 2.9 – 3.7 percent range

BSP PR The BSP projects December 2020 inflation to settle within the 2.9 – 3.7 percent range. Higher prices of domestic petroleum products and key agricultural items contributed to upward price pressures during...

PEZA records good performance in investments in 2020 despite pandemic

PEZA PR Pasay City – A top performing Investment Promotion Agency in the country, the Philippine Economic Zone Authority (PEZA) closes the year 2020 on a good note with a continued streak...

Government working to safely reopen PHL economy to boost employment, consumer confidence––Nograles

PR The government is now working overtime to safely reopen the economy in order for the country’s citizens to return to work and to prop up consumer confidence to boost economic activity. This...

PH Peso remains strong vs. US Dollar amidst COVID-19 pandemic

The Philippine Peso remains strong against the US Dollar and is expected to be so until the end of 2020 and beyond amidst the effect of the global health crisis. The Peso...

GIR up by $0.71B

The Gross International Reserves (GIR) of the country for the month of November has increased by US$0.71 billion. According to the Bangko Sentral ng Pilipinas (BSP) GIR rose to US$104.51 billion from...

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