Inflation slows to three-month low
Inflation eased to a three-month low in October amid a slower increase in food prices, the Philippine Statistics Authority reported on Friday.
Headline inflation settled...
MWSS adjusts water rates for 2nd quarter
THE METROPOLITAN Waterworks and Sewerage System Regulatory Office (MWSS) has given the go signal for two Metro Manila water concessionaires to adjust rates in the second quarter.
Senate to discuss fate of tax reforms, other priorities on Jan. 14
THE SENATE will discuss the fate of at least the second tax reform package, the proposed 2019 national budget and of other priorities in a caucus when 17th Congress lawmakers return to work on Jan. 14, the head of the chamber said on Wednesday.
Peso to trade sideways before US data
THE PESO may trade sideways against the dollar this week as market players await the release of key US economic data, which could affect...
Inflation quickens to 2.5% in June
THE overall year-on-year increase in prices of widely used goods accelerated in June after four straight months of slowing down, the Philippine Statistics Authority (PSA) said on Tuesday.
Philippine economic growth could slow to 5% this year — ANZ
PHILIPPINE economic growth is expected to slow to 5% this year due to the fallout from the Trump administration’s trade policy and weak private...
Philippines central bank projects current account deficit at 3.3% of GDP
MANILA - The Philippine central bank projected on Wednesday that the country will post a current account deficit equal to 3.3% of gross domestic...
Gross borrowings fall 28% as of end-April
GROSS BORROWINGS dropped by 28% as of end-April, as the National Government saw lower financing requirements despite the prolonged pandemic.
PHL gets failing mark for inability to curb corruption in MCC scorecard
A UNITED STATES government foreign aid agency has given the Philippines a failing mark in “control of corruption” on its latest scorecard released on Tuesday.
PEZA Q1 investments jump by 54%
THE PHILIPPINE Economic Zone Authority (PEZA) reported a 54% increase in approved investments in the first quarter from a year earlier, putting it on...
UBS sees Philippines as ‘safe haven’ amid trade war
THE IMPACT of global trade uncertainties amid sweeping retaliatory tariffs on the Philippines will likely be minimal enough that it is not cause for...
Property giants to take a hit as Manila malls close
SOME shopping malls in Metro Manila will be closed starting today, after the government urged mall operators to suspend operations during the month-long “community quarantine” to prevent the spread of the coronavirus disease 2019 (COVID-19).