Economy

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...

Central Luzon sustains economic growth in 2018

By Zorayda Tecson/PNA CITY OF SAN FERNANDO, Pampanga -- The year 2018 saw the economy of Central Luzon in a sustainable growth level primarily pushed by major developments in the region. Amid the...

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