Economy

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...

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...

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