Economy

BOI OKs P291-B investments in Jan-May, up 40%

PR/Philippine News Agency MANILA -- Total approved investments recorded by the Board of Investments (BOI) from January to May reached PHP290.6 billion, a 40.1 percent increase from PHP207.5 billion in the same...

$586-M FDI inflow posted in March, hits $1.9-B in Q1

PR/Philippine News Agency MANILA -- Foreign direct investments (FDI) posted USD586 million net inflows in March 2019, which is lower by 13.9 percent than the USD681 million net inflows registered in the...

PSEi higher, peso weaker as trading week closes

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) managed to end the week up amid risk aversion by investors but the peso went back to the 52-level...

Dominguez: More tax reforms needed for fiscal sustainability

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III has high hopes that additional tax reform measures will be passed to generate funding for the government’s infrastructure program and...

Local markets higher on Thursday

By Joann Villanueva/Philippine News Agency MANILA -- While concerns over trade issues overseas remain, the Philippines' main equities index managed to rise even as the peso ended sideways but with an upward...

Economists eye below 2% inflation by Q3

By Joann Villanueva/Philippine News Agency MANILA -- Economists of First Metro Investment Corporation (FMIC) and the University of Asia and the Pacific (UA&P) have forecast the domestic inflation to fall below 2...

Popular