Economy

TDF posts mixed results anew

By Joann Villanueva/PNA MANILA -- Average accepted yield of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) went in different directions Wednesday, sans the undersubscription that was registered in last...

Top economists see 7.2% growth in 2019

PR/PNA MANILA -- The Philippine economy is forecasted to make a comeback this 2019 with a range of 6.8 percent to 7.2-percent growth and an above-average expansion in the next two years,...

Peso improves, local shares slip anew

By Joann Villanueva/PNA MANILA -- The Philippine peso gained against the greenback Wednesday but global growth concerns continue to worry investors, weighing down the Philippine Stock Exchange index (PSEi) Wednesday. The local currency...

Infra program, good fundamentals to propel economy in 2019

By Joann Villanueva/PNA MANILA -- Finance Secretary Carlos Dominguez III is optimistic of at least 7 percent growth for the Philippine economy in 2019, citing the impact of the massive infrastructure program...

BTr awards in full P20-B 20-year T-bond

By Joann Villanueva/PNA MANILA -- Demand for the Bureau of the Treasury’s freshly-issued 20-year Treasury Bond (T-bond) was high Tuesday after the PHP20 billion offering received PHP50.921-billion worth of tenders. The auction committee...

Peso down on weak global growth outlook, PSEi sideways

By Joann Villanueva/PNA MANILA -- The peso depreciated anew, even touching the 53-level in mid-trade, while the Philippine Stock Exchange index (PSEi) barely managed to stay afloat Tuesday amid a host of...

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