Philippines inflation unexpectedly quickens to 5.3% in August
MANILA - Philippine inflation proved stubborn after it unexpectedly quickened for the first time in seven months in August, due largely to an uptick...
Philippines central bank chief says policy easing not on radar screen
MANILA - Easing monetary policy is not on the Philippine central bank's radar screen given upside risks to inflation, its governor said on Tuesday.
Bangko...
Magnitude 5.4 earthquake strikes Mindanao
MANILA - An earthquake of magnitude 5.4 struck Mindanao, Philippines, the German Research Centre for Geosciences (GFZ) reported on Wednesday.
The quake was at a...
Senate approves bill creating the Maharlika fund
By Beatriz Marie D. Cruz, Reporter
THE Philippine Senate on Wednesday approved on third and final reading a bill seeking to create a sovereign wealth...
Philippines Q1 GDP slows to 6.4%, but faster than forecast
MANILA - The Philippine economy expanded 6.4% in the first quarter from a year earlier, the statistics agency said on Thursday, topping expectations.
On a...
Power outage cancels flights at Manila’s international airport
The international airport at the Philippines' capital Manila experienced a power outage on Monday in one of its terminals which led to about forty flights being canceled, the airport said.
"Flight delays are expected due...
Metro Pacific plans delisting from stock exchange
MANILA - Philippine infrastructure conglomerate Metro Pacific Investments Corp said on Thursday its top shareholders will offer to buy out minority stockholders and conduct...
Philippine inflation eases for 2nd month, backs case for rate hike pause
MANILA - Philippine annual inflation eased for a second consecutive month in March on slower rises in food and transport costs, data showed on...
Philippines February CPI slows but rate hike still on the table
MANILA - Philippine annual inflation eased for the first time in six months in February owing to lower transport and food prices, but it...
Nov. trade deficit widest in 2 months; imports fall for first time in almost...
THE PHILIPPINES’ trade deficit widened to two-month high of $3.68 billion in November, as exports growth slowed while imports dropped for the first time...
PSA: Exports rise in Oct. while imports ease
The country’s trade balance of trade deficit further narrowed to a $3.307-billion deficit in October as exports growth rose while imports eased, the Philippine...
Manufacturing output increases in October
By Bernadette Therese M. Gadon
Factory output rose for the fifth straight month in October, the Philippine Statistics Authority (PSA) reported on Wednesday morning.
Preliminary results...