Economy

PH banking system resilient amid external concerns

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...

Peso flat, PSEi down on 2018’s last trading day

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...

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...

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