Economy

Local markets rise on renewed US-China trade talks

By Joann Villanueva/Philippine News Agency MANILA -- Optimism generated by renewed trade discussions between US and China lifted both the Philippine Stock Exchange index (PSEi) and the peso on Monday. The main equities...

Pernia: Passage of economic measures to boost FDI inflows

By Leslie Gatpolintan/Philippine News Agency MANILA -- Socioeconomic Planning Secretary Ernesto Pernia on Monday said inflows of foreign direct investments (FDI) can at least triple their current level with the passage of...

Another oil price hike set for July 2

By Joann Villanueva/Philippine News Agency MANILA – Several oil companies are increasing their pump prices on Tuesday (July 2, 2019), in line with developments in the international market. Petro Gazz, Seaoil, and PTT...

Governance, sustainability roadmap needed for ‘A’ rating

By Joann Villanueva/Philippine News Agency MANILA -- A road map detailing ways by which government can tackle governance and sustainability issues is necessary for an "A" level credit rating. This was stressed by...

France, PH eye closer trade, dev’t ties during 8th economic meet

By Joyce Ann L. Rocamora/Philippine News Agency MANILA -- The French and Philippine governments on Friday concluded the 8th Philippines-France Joint Economic Commission (JEC) meeting in Manila, agreeing to come up with...

Local stocks down, peso sideways ahead of Trump-Xi meeting

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended sideways after the US dollar weakened ahead of the Trump-Xi meeting this weekend while risk aversion resulted in a decline of...

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