Economy

PSEi up, peso slides in midweek trading

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) ended Wednesday up while the peso weakened as investors took profits on earlier gains. The main equities gauge rose 0.20...

Gov’t eyes roadmap to systemize PH pursuit of ‘A’ credit rating

By Azer Parrocha/Philippine News Agency MANILA -- A roadmap is being eyed to “articulate and systemize” the Philippines’ active pursuit of an ‘A’ level credit rating, a central bank official said on Wednesday. Bangko...

Easing inflation boosts local markets

By Leslie Gatpolintan/Philippine News Agency MANILA -- Both the peso and the stock market recovered on Tuesday, as traders cheered data showing the country’s inflation easing to a 16-month low. The barometer Philippine...

Social mitigating measures still needed despite reduced inflation

By Leslie Gatpolintan/Philippine News Agency MANILA -- The government remains watchful of any potential upticks in prices even as inflation eased to a 16-month low last month, the National Economic and Development...

BSP to monitor price movements despite inflation decline

By Joann Villanueva/Philippine News Agency MANILA -- Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said Tuesday they will continue to keep a close watch over price movements despite the significant deceleration...

Lower inflation due to PRRD’s competence in managing economy

By Azer Parrocha/Philippine News Agency MANILA -- The easing of inflation rate in the country to 3 percent in April this year shows President Rodrigo Duterte’s competence in managing the Philippine economy,...

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