Economy

PSEi recovers, peso weakens on lower remittance growth

By Joann Villanueva/Philippine News Agency MANILA -- Philippine shares bounced back on Tuesday but the peso lost steam because of the less-than-stellar growth of remittances by Filipino workers overseas in February this year. After...

Enactment of 2019 national budget to spur economic growth

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III hailed the signing into law of the PHP3.7-trillion 2019 national budget, citing its importance towards attaining sustained growth of the...

Peso firms up, local shares slide

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended stronger against the US dollar while the Philippine Stock Exchange index (PSEi) finished in the red as the abbreviated trading week...

NEDA official: Economic growth, investments reducing poverty

By Leslie Gatpolintan/Philippine News Agency MANILA -- The decline in the number of poor Filipinos today is a testament to the country’s sustained economic growth, as investments continue to come in, creating...

Local markets rise ahead of FOMC meeting minutes, Holy Week

By Joann Villanueva/Philippine News Agency MANILA -- Bargain hunting lifted Philippine shares to the 8,000-level Wednesday and the peso also improved to 51-level against the greenback ahead of the Holy Week break. The...

France pushes sustainable urban dev’t in PH

By Christine Cudis/Philippine News Agency MANILA -- As the Philippine economy starts to climb and more infrastructure are on the way, the French embassy in the country has initiated a series of...

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