Economy

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...

Lopez: Asean trade deal delayed by a lot of factors

By Allan Nawal/Philippine News Agency BANGKOK -- Department of Trade and Industry Secretary Ramon Lopez on Friday said the implementation of the Regional Comprehensive Economic Partnership (RCEP), considered to be the biggest...

NEDA: Innovation key to long-term growth, competitiveness

By Leslie Gatpolintan/Philippine News Agency MANILA -- Socioeconomic Planning Secretary Ernesto Pernia on Thursday said the passage of an innovation measure promoting technological advancement can boost long-term growth, as the country undertakes...

Monetary Board keeps BSP’s key policy rates steady

By Joann Villanueva/Philippine News Agency MANILA -- The policy-making Monetary Board (MB) on Thursday kept the Bangko Sentral ng Pilipinas' (BSP) key policy rates unchanged after noting that inflation outlook remains broadly...

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