Expectations of strong Q4 2017 growth mount
THE PHILIPPINES is expected to have clocked gross domestic product (GDP) growth in the fourth quarter of 2017 that put the full-year pace well...
IMF bullish on Philippine economy
WASHINGTON — The Philippines will likely sustain its growth momentum this year, supported by robust consumer demand and China’s reopening, the International Monetary Fund (IMF) said.
Poll bares view of even slower inflation
THE GENERAL INCREASE in prices of goods and services used by average Filipinos is expected to have cooled further last month amid slowing food prices as well as base effects.
Economists watch for impact of Hong Kong crisis
HONG KONG is one of the Philippines’ bigger investment and trading partners, but a recession there -- as warned last week -- will likely have limited direct impact on the latter’s economy, ranking state as well as private sector economists said in recent interviews.
Government hikes Nov.-Dec. borrowing plan to tap demand
THE GOVERNMENT has increased its borrowing program for the remaining two months of the year as it looks to take advantage of excess liquidity,...
Competition body zeroes in on 10 sectors in study
By Krista A. M. Montealegre
National Correspondent
THE PHILIPPINE COMPETITION COMMISSION (PCC) is embarking on a study of anti-competitive practices in 10 priority sectors that may...
Bill protecting financial consumers signed
PRESIDENT Rodrigo R. Duterte has signed a bill that boosts consumer protection against cyber-crime, as the Philippines accelerates the shift to a cash-lite economy.
Republic...
Increase of automobile sales slows in January
AUTOMOBILE SALES grew at a markedly slower pace in January -- the month higher tax rates took effect -- as less passenger cars were...
Manufacturing’s weakness persists
FACTORY OUTPUT in the country extended its declining streak to seven months in June, the government reported on Tuesday.
PHL financial system’s total resources hit P32.8T
THE TOTAL RESOURCES of the Philippine financial system rose by an annual 9% as of October, preliminary data from the Bangko Sentral ng Pilipinas...
Business interest still ‘high’ but reality bites
By Melissa Luz T. Lopez
Senior Reporter
AN INITIAL SURGE of investor confidence in the current administration has started to ease more than a year after...
Meralco rates go up in October
RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month, with typical households set to pay about...