Economy

6.4% GDP growth in 2019 still possible

By Joann Villanueva/PNA MANILA -- A 6 percent level growth can still be achieved by the Philippine economy this year despite the anticipated impact of the budget impasse in Congress, an official of...

Local markets slip ahead of BSP, Fed meetings

By Joann Villanueva/PNA MANILA -- A wait-and-see stance took over local markets on Tuesday as investors hold their breaths while waiting for the outcome of rate-setting meetings of the Bangko Sentral ng Pilipinas...

PH gov’t posts budget surplus in January

By Joann Villanueva/PNA MANILA -- National Treasurer Rosalia De Leon attributed the government's budget surplus in January 2019 to a slowdown in spending due to the fact that it is operating on...

Local stocks rise; peso flat

By Joann Villanueva/PNA MANILA -- The Chinese government's announcement of fiscal stimuli reverberated across regional markets, boosting sentiments locally and resulted in the rise of the Philippines’ main equities gauge Monday but...

PH external debt ratios still at prudent levels

BSP PR/PNA MANILA -- Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno, announced in a statement over the weekend that the Philippines’ outstanding external debt stood at USD79.0 billion as of end-2018,...

Stocks recover, peso ends week sideways

By Joann Villanueva/PNA MANILA -- Philippines’ main equities gauge ended the week on a positive note but the peso finished the trade sideways as investors remain jittery as they await the eventual outcome...

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