FMIC, UA&P expect economic growth to pick up this semester
ECONOMIC GROWTH will likely pick up this semester as exports have so far maintained a double-digit pace of increase and as government starts more...
Inflation eases to four-month low in November
INFLATION eased for the third straight month in November to hit its lowest level in four months but remained above the government’s forecast for the year.
Jakarta toughens rules on repatriating revenues from resource exports
JAKARTA -- Indonesia’s government is tightening requirements to force companies to repatriate revenue from the export of natural resources, a minister said on Friday, as authorities seek to support a fragile rupiah currency.
Philippines, China agree to resume negotiations on 3 major railway projects
THE PHILIPPINES and China have agreed to resume negotiations on three major railway projects, the Department of Transportation (DoTr) said on Sunday.
Debt service declines in February
THE NATIONAL GOVERNMENT’S (NG) debt service slumped year on year in February as amortization payments declined, the Bureau of the Treasury (BTr) said.
Latest data...
Inflation eases to 7-month low in July
PHILIPPINE INFLATION eased to a seven-month low in July, lending support to expectations for the central bank to keep its rates accommodative.
Philippine tourism’s share to economy inches up in 2021
By Abigail Marie P. Yraola, Researcher
THE SHARE of the tourism industry to the Philippines’ economic output inched up in 2021, as domestic travel restrictions...
Philippines back to square one a year into pandemic as virus cases surge
SARAH J. FERNANDEZ (names have been changed) invited several relatives and friends to her house in Manila for her 38th birthday this month, while the capital and nearby cities were experiencing a fresh surge in coronavirus infections.
April inflation seen further rising
By Melissa Luz T. Lopez
Senior Reporter
INFLATION likely accelerated further in April amid rising food and oil prices, with the impact of higher taxes and...
NG sets P200-B domestic borrowing plan for March
THE NATIONAL GOVERNMENT (NG) plans to borrow P200 billion from the domestic market in March, the Bureau of the Treasury (BTr) said on Wednesday.
For...
Analysts see IPO drought persisting
COMPANIES looking to raise funds via initial public offering can still be expected to stay on the sidelines for much of this year, as they await better market conditions amid easing inflation and improving global trade, analysts said in recent interviews when asked for their assessment.
DoF eyes P20 billion in additional taxes from fuel marking program
THE government expects P20 billion in additional revenue this year as a program to mark all gasoline, diesel and kerosene products deters smuggling, the Department of Finance (DoF)said last week.