By Joann Villanueva/PNA
MANILA -- The Philippine banking system has remained fundamentally strong despite having its share of challenges over the years, and 2018 proved to be no exception.
Its resiliency has been...
by Kris Crismundo/PNA
MANILA -- The Philippine peso ended sideways against the US dollar while the local stock market slipped during the last day of trading for 2018.
The peso ended Friday at 52.58...
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...
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...
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...
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...