By Joann Villanueva/PNA
MANILA -- Economic managers on Wednesday cut economic growth targets for 2019-20 due to the projected impact of the re-enacted budget this year.
In a briefing after the meeting of...
By Joann Villanueva/PNA
MANILA -- Profit-taking lifted the peso against the US dollar Wednesday and the Philippine Stock Exchange index (PSEi) was buoyed by expectations of cuts in banks’ reserve requirement ratio...
By Joann Villanueva/PNA
MANILA – The Philippines’ main equities gauge recovered Tuesday but the peso weakened on expectations of fresh monetary easing by the Bangko Sentral ng Pilipinas (BSP) this year.
The Philippine...
By Joann Villanueva/PNA
MANILA -- The Philippine peso closed sideways against the greenback on Monday as investors express hope for a cut in the Bangko Sentral ng Pilipinas’ (BSP) key rates but...
By Azer Parrocha/PNA
MANILA -- If the Philippine government continues to operate on a reenacted budget, the country’s growth rate will take a blow, President Rodrigo R. Duterte said on Monday night.
Duterte...
by Leslie Gatpolintan/PNA
MANILA -- Economic managers are optimistic the downward path of inflation will continue for the rest of the year on the back of reforms recently rolled out, after the country’s inflation...
