Economy

DENR chief vows serious cleanup on Manila Bay coastline

By Saul Pa-a/PNA CALAMBA CITY, Laguna – Department of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu vowed on Friday to implement an extensive cleanup of the Manila Bay coastline, which...

Fitch Solutions keeps 6.1% GDP forecast for 2019

By Joann Villanueva/PNA MANILA -- Fitch Solutions is maintaining its 6.1 percent growth forecast for the Philippines in 2019, after noting the almost steady expansion last year. In a report, the Fitch Group...

Peso rises; local stocks fall as trading week ends

By Joann Villanueva/PNA MANILA -- With no major economic reports here or overseas either to inspire or sow gloom, local markets went their separate ways on Friday with the Philippine peso appreciating...

Gov’t to work harder for better 2019 growth rate: Palace

By Earl Jed Roque/PNA MANILA – Malacañang on Thursday said the government will work harder to achieve the economic growth target in 2019. Presidential Spokesperson Salvador Panelo made this remark after the government...

Peso seen at P49 vs. USD in 2019 if oil prices drop further

By Joann Villanueva/PNA MANILA -- An analyst of Mauritius-headquartered Alpari Research and Analysis forecasts that the Philippine peso will strengthen to the 49-to-the-greenback level in 2019, if global oil prices declines to...

PH economy still among Asia’s fastest despite inflation

By Leslie Gatpolintan/PNA MANILA -- The Philippine economy further cemented its position as one of Asia’s top performers after accelerating 6.2 percent last year despite high inflation and a slowdown in agriculture. In...

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