Slowdown-hit Indian economy counts costs of stronger rupee

NEW DELHI -- India’s stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in...

Poll: Aug. inflation could be 3-month top

By Melissa Luz T. Lopez Senior Reporter THE OVERALL HIKE in prices of widely used goods and services could have quickened in August to its fastest...

Farm chief says bout with bird flu ‘over’

THE DEPARTMENT of Agriculture (DA) has eased restrictions on the transport of poultry from bird flu-infected areas in Central Luzon, declaring the emergency “officially...

Customs told to collect P50 billion monthly until December

NEWLY SEATED Customs Commissioner Isidro S. Lapeña must raise at least P50.1 billion in monthly revenues for the last four months of the year...

Bulls see room to run after 8-month gain in emerging marts

SAO PAOLO -- You have to go back to 2004 for the last time emerging-market (EM) stocks racked up a longer series of monthly...

What slowdown? Factories chug along as global demand holds

LONDON/HONG KONG -- Factories across Asia and Europe cranked up production last month as global demand remained strong, confounding expectations growth may have peaked....

Price hikes could have picked up in Aug.

HIGHER oil and electricity costs as well as rising rice prices likely drove inflation faster in August, the Bangko Sentral ng Pilipinas (BSP) said...

Companies advised to give back more

BOSSES of some of the country’s conglomerates believe that businesses “can do more” to improve lives as they scour the fast-growing general economy for...

Fed likely to see little change in economy, policy course after the flood

WASHINGTON -- The economic fallout from Hurricane Harvey will make the Federal Reserve’s job more difficult when it meets in three weeks, but US...

China factory growth unexpectedly speeds up in further global boost

BEIJING -- Growth in China’s manufacturing sector unexpectedly accelerated in August, suggesting the world’s second-largest economy is still expanding at a healthy clip despite...

Palace, Congress agree on target bills

MALACAÑANG and Congress last Monday agreed on 28 legislative priorities for the term of President Rodrigo R. Duterte that ends in mid-2022, the National...

PAL dusts off NAIA 2 dev’t pitch

PHILIPPINE AIRLINES (PAL) has revived its proposal to build a P20-billion ($400-million) annex to the Ninoy Aquino International Airport (NAIA) Terminal 2 to address...