Economy

PH seen to grow faster than other Asian powerhouses

PR/Philippine News Agency MANILA -- World Bank estimates show the Philippine economy will grow at a more rapid pace than Asia’s other regional economic powerhouses, such as China and Malaysia, during the...

PH T-bill rates go down

By Joann Villanueva/Philippine News Agency MANILA -- The average rates of Philippine Treasury bill (T-bill) declined across-the board Tuesday on expectations of further cuts in central bank's key rates and anticipation of...

Peso rises anew, local shares end rally

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso further gained traction against the US dollar Tuesday but the main equities index ended its six-day rally due to mounting fears of...

PRRD orders dev’t, support of ecozones in countryside

By EJ Roque/Philippine News Agency MANILA - President Rodrigo R. Duterte has signed an order directing various government agencies to focus on the development and support of economic zones (ecozones) in the...

Local markets rise on BSP decision to keep key rates

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso appreciated further Friday and the Philippine Stock Exchange index (PSEi) closed stronger a day after the Bangko Sentral ng Pilipinas (BSP) decided...

DOF exec: Water shortage won’t have direct impact on inflation

By EJ Roque/Philippine News Agency MANILA - The water shortage in Metro Manila will not have a direct inflationary and economic effect, the spokesperson of the Department of Finance (DOF) said Friday. "We...

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