Economy

BSP: Industry leaders maintain bullish outlook on banking system

PR/Philippine News Agency MANILA -- The Bangko Sentral ng Pilipinas (BSP) disclosed on Tuesday that it has published the Report on the Banking Sector Outlook Survey (BSOS) for the second semester of...

DOF seeks ways to engage incoming Congress on priority bills

PR/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III has ordered a study on ways to actively engage lawmakers of the incoming Congress to speed up the approval of the rest...

Peso gains ground, local shares slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso improved against the US dollar Tuesday, ending stronger at the 51-level, but the Philippine Stock Exchange index (PSEi) closed in the red...

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...

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