Business sentiment slumps amid pandemic
BUSINESS confidence slumped in the first quarter, amid economic disruptions caused by the Taal Volcano eruption and the coronavirus disease 2019 (COVID-19) pandemic, a...
Luzon-wide lockdown extended until end-April
By Jenina P. Ibañez and Luz Wendy T. Noble, Reporters
THE Philippine government on Tuesday announced the extension of the lockdown on Luzon island until...
Inflation slows in March
THE overall rise in prices of widely used goods and services eased in March, the Philippine Statistics Authority (PSA) reported on Tuesday.
March saw headline...
Factory output rebounds in February
By Marissa Mae M. Ramos, Researcher
FACTORY production rebounded in February, rising at its fastest pace in 18 months, the Philippine Statistics Authority (PSA) reported...
Duterte inclined to extend Luzon lockdown
President Rodrigo R. Duterte on Monday evening said he is inclined to extend the enhanced community quarantine (ECQ) in Luzon until April 30.
"We have...
Fiscal balance swings back to deficit in February
THE national government's fiscal balance swung back to a deficit in February, with the gap seen to further widen in the coming months as...
Landlords cannot evict tenants amid coronavirus crisis — DTI
LANDLORDS and lessors are not allowed to evict their tenants, particularly small businesses, who are unable to pay either residential or commercial rent within...
COVID-19 to push PHL into ‘mild recession’
THE Philippine economy is seen to enter a "mild recession" and post a less than 0.5% contraction for the full year, as the coronavirus...
BSP chief sees room to further cut rates
THE central bank has ample space to further cut interest rates, as it seeks to shield the economy from the coronavirus disease 2019 (COVID-19)...
NEDA preparing post-coronavirus pandemic policies
THE National Economic and Development Authority (NEDA) is preparing economic policies to help the country navigate the "new normal" once the coronavirus disease 2019...
Food companies have 7 days to remove cargo from ports
CARGO owners, which include major food companies, now have seven days to withdraw reefers from Manila's congested ports before these are forfeited in favor...
PHL slowdown this year, but recovery likely in 2021 — ADB
THE Philippine economy is seen to significantly slow down this year, as the coronavirus (COVID-19) pandemic dampens domestic consumption and growth in trade and tourism, the Asian Development Bank (ADB) said on Friday.