Economy

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...

Peso ends week sideways vs. USD, stocks slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended the week sideways as investors await reports on the United States’ first-quarter output, while the Philippine Stock Exchange index (PSEi) slipped...

Central Luzon economy grows 7.1% in 2018

By Zorayda Tecson and Froilan Magtoto/Philippine News Agency CITY OF SAN FERNANDO, Pampanga -- Central Luzon’s economy grew 7.1 percent in 2018, lower than the high 9.3 percent in 2017, the National...

Local markets end Thursday on positive note

By Joann Villanueva/Philippine News Agency MANILA -- Philippines main equities gauge improved for the second consecutive day Thursday and the peso recovered as foreign buying in the local stock market picked up. The...

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