Economy

TRAIN on its 1st year of implementation

by Joann Villanueva/PNA MANILA -- Policy-makers are one in saying that any tax reform measure will always be met with doubts, but the Duterte administration’s economic managers were able to break the back...

December inflation to settle within 5.2-6% range: BSP

by Kris Crismundo/PNA MANILA -- The Bangko Sentral ng Pilipinas (BSP) has seen inflation going on a sustained slowdown this month due to declining prices of petroleum products and rice. The BSP Department of...

Local markets bounce back on Thursday

By Ivan Stewart Saldajeno/PNA MANILA -- Both the local currency and the stock market recovered on Thursday after taking a step back a day earlier. The Philippine peso closed the day -- the...

PH one of Asia’s best performers despite high inflation

by Leslie Gatpolintan/PNA MANILA -- The Philippines remains one of Asia’s best-performing economies and is even poised to move up to upper middle-income status after managing to put in check an inflation surge...

BOI pledges hit P907-B in 2018

By Kris Crismundo/PNA MANILA -- Investment approvals in the Board of Investments (BOI) is nearing the trillion-peso mark as it registered a total of PHP907.2 billion worth of projects this year. BOI said...

TDF rates on the rise this week

By Kris Crismundo/PNA MANILA -- The central bank’s term deposit facility (TDF) rates rose across all tenors this week, but bids fell short of Bangko Sentral ng Pilipinas’ (BSP) PHP70-billion offering. Average rate...

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