Economy

Local markets weighed down by worsening US-China trade dispute

By Leslie Gatpolintan/Philippine News Agency MANILA -- The local stock barometer retreated while the peso weakened against the dollar on Monday amid the worsening trade war between the two giant economies, US...

PH aims for ‘A’ rating in 2 years

By Leslie Gatpolintan/Philippine News Agency MANILA -- The Duterte administration has set its sights on getting an "A" rating in 2 years, and it intends to achieve this through the implementation of...

Local markets rise after PH’s ratings upgrade

By Joann Villanueva/Philippine News Agency MANILA -- Both the Philippine peso and the Philippine Stock Exchange index (PSEi) resumed trading on a high note Thursday, two days after S&P Global Ratings' unprecedented...

Dominguez: S&P upgrade of PH rating due to PRRD’s 10-point agenda

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III on Tuesday attributed to President Rodrigo R. Duterte’s leadership the upgrade by Standard and Poor (S&P) of Philippines’ investment grade...

BSP eyes April inflation between 2.7-3.5%

By Joann Villanueva/Philippine News Agency MANILA -- Higher domestic fuel and electricity prices are seen as upside risks to the country's April 2019 inflation, which is projected to stay between 2.7-3.5 percent. “However,...

Local markets up on higher-than-expected US Q1 GDP

By Joann Villanueva/Philippine News Agency MANILA – The US economy's higher-than-expected expansion in the first quarter of 2019 boosted both the Philippine Stock Exchange index (PSEi) and the Philippine peso Monday, the...

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