PHL growth seen on track to 2017 target
THE PHILIPPINES is on track to hitting its economic growth goal this year, with improved public spending fueling faster expansion despite a slow start...
Competitiveness council cites top local governments
CITIES and municipalities must undergo digital transformation to efficiently deliver public services and improve competitiveness, according to a summit yesterday of the National Competitiveness...
BSP to lift rates if economy overheats
SINGAPORE -- The Bangko Sentral ng Pilipinas (BSP) is prepared to raise interest rates if it sees signs the economy is growing too fast,...
Farm growth fuels Q2 GDP hopes
FARM OUTPUT last quarter turned around from a year-ago decline, growing faster than January-March’s expansion due to the past year’s low base, the Philippine...
Remittances in June biggest in three months
By Melissa Luz T. Lopez
Senior Reporter
MONEY SENT HOME by overseas Filipino workers (OFWs) -- a driver of household spending that contributes more than 73%...
Economic managers pitch PHL opportunities to investors in Singapore
ECONOMIC MANAGERS of President Rodrigo R. Duterte flew to Singapore this week to woo more foreign firms to invest in the Philippines, branding the...
Optimism ‘excellent’ in Q2 — SWS
By Ian Nicolas P. Cigaral
Reporter
LAST QUARTER saw more Filipinos believing the quality of their lives will improve in the next 12 months, according to...
Tax take picks up in July but falls short
TAX COLLECTIONS picked up by double-digit pace last month but fell short of targets, the Department of Finance (DoF) said.
The Bureau of Internal Revenue...
Food firms scramble to contain bird flu scare
By Janina C. Lim
Reporter
THE Department of Agriculture’s (DA) announcement last Friday of the country’s first avian influenza outbreak in a poultry farm in San...
‘Imbalances’ to weigh on peso, prod monetary policy tightening
THE CENTRAL BANK will have to raise policy rates to contain rapid credit growth and a widening trade deficit in order to ease the...
Q2 sustained fast GDP growth — poll
ECONOMISTS expect gross domestic product (GDP) growth last quarter to have been sustained past six percent on the back of higher government spending, as...
MGB pushes end of ban on open-pit mining
THE MINES and Geosciences Bureau (MGB) has asked the Environment chief to end the ban on open-pit mining which his predecessor had imposed, the...