Economy

Inflation slowdown a ‘positive development’: solon

By Filane Mikee Cervantes/PNA MANILA -- Senator Sherwin Gatchalian on Tuesday welcomed the decline of the country's January inflation rate as a "positive development." The country's headline inflation clocked in at 4.4 percent...

Local markets weaken ahead of Chinese New Year holidays

By Joann Villanueva/PNA MANILA -- Both the Philippine Stock Exchange index (PSEi) and the peso ended weaker Monday as Chinese markets takes the rest of the week off for the Lunar New...

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...

Popular