DoE to resume certification of projects for expedited permits
THE Department of Energy (DoE) said it will once again certify energy projects of national significance (EPNS), which will qualify them for expedited permit...
Meat prices to rise by up to 4%, DTI says
PRICES of meat products that will feature in the traditional Christmas feast are expected to rise by up to 4%, the Department of Trade...
Household spending to grow 6.3% in 2024 — BMI
HOUSEHOLD spending in the Philippines is forecast to expand 6.3% in 2024 with inflation easing and economic growth remaining robust, BMI Country Risk and...
GDP likely grew 4.9% in Q3 — poll
PHILIPPINE economic growth likely picked up in the third quarter amid a recovery in government spending, although elevated inflation and high interest rates may...
NG gross borrowings slump in Sept.
THE NATIONAL Government’s (NG) gross borrowings fell in September, mainly due to a decline in domestic debt, the Bureau of the Treasury (BTr) reported.
Data...
Short selling debuts in PHL after a 27-year wait
AFTER a nearly three-decade wait, traders will finally be able to short-sell stocks in the Philippines.
A total of 52 stocks and one exchange-traded fund,...
PHL on track to hit medium-term targets — Diokno
THE PHILIPPINES is on track to achieve its growth and fiscal targets in the Medium-Term Fiscal Framework (MTFF) due to the “better-than-expected” revenue and...
Greenhouse gas emissions from PHL land transport to quadruple by 2050
GREENHOUSE GAS (GHG) emissions from the land-based transport sector in the Philippines are projected to quadruple by 2050, the World Bank said.
“Economic and population...
PSEi may return to 6,000 level on CPI, GDP data
THE MAIN INDEX could return to the 6,000 level this week after staying at the 5,900 range in the last three trading days, depending...
Peso may strengthen further as Fed turns dovish
THE PESO may appreciate against the dollar this week, supported by the seasonal increase in remittances during the holiday season and dovish signals from...
Total exports growth target set at 5% this year
THE Department of Trade and Industry (DTI) said it is aiming for 5% growth in 2023 merchandise and services exports, a level which would exceed the Development Budget Coordination Committee’s (DBCC) projections.
Wind, solar, gas dominate DoE lineup of prospective projects
WIND, natural gas, and solar power projects make up most of the projects in the medium-term pipeline, the Department of Energy (DoE) reported, citing...