MANILA – The country’s chief economist remains optimistic about the recovery of the Philippine economy in the second half of 2020 after declining by 0.2 percent in...
MANILA – Economists of First Metro Investment Corporation (FMIC) and the University of Asia and the Pacific (UA&P) forecast a “flat to slightly negative” change in the...
MANILA – Finance Secretary Carlos Dominguez III has dismissed as an option a supplemental budget to finance the government’s coronavirus disease 2019 (Covid-19) response. In a briefing...
MANILA – The coronavirus disease 2019 (Covid-19) pandemic around the world and the resulting restrictions in production supply chains and global trade flow led to the decline...
MANILA – Rate of the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposit facility (TDF) fell anew this week as demand remains strong. It slipped to 2.2654...
MANILA – The Philippine peso ended Wednesday sideways against the US dollar but the main equities index ended in a negative territory. The local currency finished the...
MANILA – Department of Finance (DOF) Secretary Carlos Dominguez III remains optimistic for a positive domestic output in the first quarter of 2020 despite the impact of...
MANILA – Malacañang on Thursday said it expects a “V-shaped” economic recovery in the third quarter of the year as the country continues to grapple with the...
MANILA – Deputy Speaker Danilo Fernandez on Thursday said the working poor mainly in the informal sector should be prioritized during the extension of the deadline for...
MANILA – As more areas are now under general community quarantine (GCQ), the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) has approved interim...
