Third-quarter slump slightly less than initially estimated
THE Philippine economy shrank a little less than previously estimated in the third quarter, the Philippine Statistics Authority (PSA) said on Wednesday.
Asia central banks juggling risks find solace in food
ASIAN central bankers grappling with wobbly markets, higher energy costs and simmering trade tensions are getting relief from an old foe: food prices.
5.9% GDP growth seen in Q2
THE PHILIPPINE ECONOMY may grow faster in the second quarter due to improved state spending, putting it on track to hit the low end...
Indonesia may export more coal, fertilizer to Philippines — Marcos
PRESIDENT Ferdinand R. Marcos, Jr. on Tuesday said he discussed the possibility of securing coal and fertilizer supply from Indonesia during his meeting with President Joko Widodo.
Business group expects economic gains from Marcos’ state visit to China
THE PHILIPPINES should expect more partnerships with China in trade, tourism, agriculture, public housing, and security after President Ferdinand R. Marcos, Jr.’s state visit...
DTI seeks to relax public bidding requirements for startups
THE DEPARTMENT of Trade and Industry (DTI) wants procurement eligibility requirements to be relaxed to allow startups to participate in bidding for government contracts.
Southeast Asia’s economic growth could be trade war’s next casualty
FOR SOUTHEAST ASIA’S biggest economies, 2018 wasn’t supposed to be like this.
Financial marts end 2017 on a high
By Arra B. Francia, Reporter and Karl Angelo N. Vidal
THE country’s financial markets ended 2017 with a bang, with the Philippine Stock Exchange index...
Ranks of super-rich set to grow in Philippines
THE number of super-rich Filipinos is likely to grow over a five-year period in line with a global trend, the annual wealth report from real estate consultant Knight Frank said.
Revenue collection to surpass target this year — DoF
REVENUE COLLECTION is on track to exceed this year’s revised goal, with revenue effort expected to be the highest since 1997, the Department of...
Philippine auto sales flat in October as passenger car sales slide
Philippine automotive sales were flat year on year in October amid a decline in demand for passenger cars, an industry report showed.
A joint report...
PHL may face up to $1.9B in GDP loss — ADB
THE Philippines may lose up to $1.939 billion in gross domestic product (GDP) due to the coronavirus disease (COVID-19) outbreak, the Asian Development Bank (ADB) said on Friday.