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...
Central bank seeks to calm nerves frayed by peso weakness, says no ‘free fall’...
THE RECENT WEAKNESS of the peso should not cause alarm among investors, the country’s central bank chief said over the weekend, pointing out that...
Holding firms bare mixed results; some ‘a little below expectations’
By Krista Angela M. Montealegre
National Correspondent
THE COUNTRY’s biggest conglomerates turned in mixed reported earnings results in the second quarter, dragged by the absence of...
Moody’s sees second-quarter economic growth at 6.8%
GROSS domestic product (GDP) growth likely raced to 6.8% last quarter, Moody’s Analytics said on Friday, baring an estimate that -- if realized --...
Trade gap narrows as exports inch up
By Christine J. S. Castañeda
and Mark T. Amoguis
Researchers
EXTERNAL TRADE in goods and manufacturing likely delivered a smaller contribution to economic growth in the...
