Economy

PSA: Factory gate prices rise in May

By Leslie Gatpolintan/Philippine News Agency MANILA -- Factory gate prices surged in May, mainly boosted by the remarkable increase in costs of furniture and fixtures, the Philippine Statistics Authority (PSA) reported on...

Local stocks rise, peso weakens

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) rose anew ahead of the release of June's inflation figure while risk aversion due to global growth concerns weighed...

6% GDP growth in Q2 possible

By Joann Villanueva/Philippine News Agency MANILA -- Philippine monetary officials are now seeing a possible 6 percent output for the domestic economy in the second quarter of 2019, faster than the 5.6...

Strong PH economy softens impact of US-China trade war

By Leslie Gatpolintan/Philippine News Agency MANILA -- Top economic officials of the government are optimistic the Philippine economic growth momentum is strong enough to overcome the impact of trade tensions between the...

Dominguez: People support tax reforms if they feel benefits

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos said he is optimistic about the passage of the remaining tax reform measures because of the support of lawmakers and most Filipinos. “The...

Upgrade to ‘A’ rating possible within 18 months

By Joann Villanueva/Philippine News Agency MANILA -- A ranking Bangko Sentral ng Pilipinas (BSP) official on Monday said that an upgrade of the Philippines' credit rating to "A" level within the next...

Popular