Economy

Peso recovers; local shares move sideways

By Joann Villanueva/PNA MANILA -- The Philippine peso regained its footing against the greenback Tuesday, while the Philippine Stock Exchange index (PSEi) moved sideways with a downward bias, reportedly weighed down by...

Faster economic growth seen in 2nd semester

By Kris Crismundo/PNA MANILA -- The country’s gross domestic product (GDP) is expected to accelerate in the second half of the year, ING Bank Country Head Hans Sicat said. In a briefing by...

Local stocks go sideways, peso dips

By Joann Villanueva/PNA MANILA -- Philippine equities managed a miniscule growth during the week’s first trading day amid volatilities but the peso weakened against the US dollar on reports that China’s industrial...

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...

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