Economy

By Joann Villanueva/PNA MANILA -- Expectations of more moderate inflation, as well as firm domestic growth, caused the Bangko Sentral ng Pilipinas' (BSP) policy-making Monetary Board (MB) to keep key rates steady Thursday. Thus,...

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...

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...

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...

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...

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,...