Economy

PH T-bill rates fall across-the-board Monday

By Joann Villanueva/PNA MANILA -- The rate of the Philippine Treasury bills (T-bills) fell across-the-board Monday due to strong demand. The bellwether 91-day paper's rate dropped to 5.484 percent from 5.534 percent for...

PH economy to grow further if drug menace solved: DTI

By Lilian Mellejor/PNA DAVAO CITY — The Department of Trade and Industry (DTI) expressed its commitment to continue supporting the government's goal of a drug-cleared Philippines, as it underscored that the country...

BSP forecasts steadier inflation in January 2019

By Joann Villanueva/PNA MANILA -- Higher oil prices is seen to push January 2019 inflation between 4.3 to 5.1 percent. In a statement Thursday, the Bangko Sentral ng Pilipinas (BSP) said higher domestic...

Local markets inspired by assurance of steady Fed rates

By Joann Villanueva/PNA MANILA -- A promise from the US Federal Reserve that it would be more circumspect about future rate increases while keeping an eye on economic developments was the assurance...

PH Asia’s next success story: Diokno

PNA MANILA -- Budget and Management Secretary Benjamin Diokno told the foreign business community that they are in the right place at the right time because the country is poised to keep its...

Economic fundamentals to boost stock market: COL Financial

By Leslie Gatpolintan/PNA MANILA -- Leading online stock broker COL Financial is looking forward to the local stock market's recovery this year, as economic fundamentals and continued inflow of foreign funds are...

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