Economy

PH more biz-friendly with Revised Corporation Code

By EJ Roque/ PNA MANILA -- The newly-signed Revised Corporation Code of the Philippines will help simplify corporate governance, provide a more business-friendly environment and boost the competitiveness of the country's economy, President...

Local markets rise on January BOP surplus

By Joann Villanueva/PNA MANILA -- Fresh news about the Philippines posting a balance of payments (BOP) surplus for the third straight month boosted both the peso and the main equities gauge Wednesday. The...

Peso up ahead of BOP report, PSEi slips anew

By Joann Villanueva/PNA MANILA -- The Philippine peso closed higher against the greenback Tuesday but the Philippine Stock Exchange index (PSEi) went the other way as investors remained on wait-and-see mode regarding...

Local markets begin trading week higher

By Joann Villanueva/PNA MANILA -- Risk-on sentiment following the enactment of several economic measures such as the rice tariffication and Bangko Sentral ng Pilipinas (BSP) Charter amendments boosted both the peso and...

Stronger growth for PH in 2019: AMRO

By Kris Crismundo/PNA MANILA – The Philippine economy is expected to grow even stronger this year, the ASEAN+3 Macroeconomic Research Office (AMRO) indicated in its report on Monday. In its 2018 Annual Consultation Report...

Local stocks recover, peso still down

By Joann Villanueva/PNA MANILA -- The Philippine Stock Exchange index (PSEi) recovered Thursday after a four-day slide but the peso closed even weaker against the greenback. The composite index rose 0.90 percent, or 71.01...

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