Economy

NEDA: PH trade to recover in 2nd half of 2019

PR/Philippine News Agency MANILA – Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the...

Reduction in key rates may happen ahead of another RRR cut

By Joann Villanueva/Philippine News Agency MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno on Wednesday said a reduction in the central bank’s policy rates may happen ahead of another cut...

PSEi recovers, peso weakens in midweek trading

By Joann Villanueva/Philippine News Agency MANILA -- Enthusiasm returned to Philippine Stock Exchange after a two-day slide on Wednesday but the peso weakened ahead of the Congressional speech of Federal Reserve Chairman...

Diokno: Ratings upgrade to spur rise in FDIs

By Joann Villanueva/Philippine News Agency MANILA -- Foreign Direct Investments (FDIs) into the Philippines will likely increase further in the coming months due in part to the recent upgrade of the country’s...

Peso stays firm, local shares drop ahead of Powell’s testimony

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso stayed firm against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) fell for the second consecutive day ahead of...

PSEi higher on rate cut hopes, Peso ends sideways

By Joann Villanueva/Philippine News Agency MANILA -- The inflation rate slowdown in June boosted the Philippine Stock Exchange index (PSEi), fueling expectations of another cut in central bank's key rates, while the...

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