Economy

GDP to fall below 6% on reenacted budget

By Joann Villanueva/PNA MANILA -- The Philippines' growth rate may fall below 6 percent this year if delays in the approval of the proposed PHP3.757-trillion national budget will be prolonged. The Bicameral Conference...

PH on track toward upper middle income status: NEDA

By Leslie Gatpolintan/PNA MANILA -- The Philippines is on track to becoming an upper middle economy by end-2019 on the back of reforms imperative in boosting growth amid global uncertainties, the National...

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...

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