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No manipulation of Aug. ’18 inflation report: NEDA chief

MANILA — Socioeconomic Planning Secretary Ernesto Pernia countered allegations that the government is manipulating inflation figures, especially the rise of the …

Peso stays afloat, local shares down on trade concerns

MANILA — A host of concerns, both from overseas and in the domestic front continue to haunt Philippine equities but the …

BSP to ‘take strong immediate action’ vs. inflation

MANILA — The Bangko Sentral ng Pilipinas (BSP) has affirmed its readiness to “take strong immediate action using the full range …

Biz sentiment declines but outlook brighter for Q4

MANILA — Business sentiment in the third quarter of 2018 slid to 30.1 percent, the lowest since the first quarter of …

PH markets shed on inflation, trade concerns

MANILA — Worries emanating from rising inflation along with trade concerns overseas resulted in the negative close of both the Philippine …

PH can afford shift to federal gov’t: ConCom member

MANILA — Professor Julio C. Teehankee, a member of the Consultative Committee (ConCom) tasked to review the 1987 Constitution, said the …

Economists eye 50-bps hike in BSP rates as inflation surges

MANILA — Several economists are projecting another hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates this September after inflation …

Economic dev’t cluster okays measures to ensure food supply

MANILA — The government’s Economic Development Cluster on Wednesday approved several measures to ensure adequate food supply in the country amid …

Peso ends sideways, local stocks fall hard on inflation report

MANILA — The Philippine peso was little changed against the US dollar Wednesday but the Philippine Stock Exchange index (PSEi) took …

TDF rates sustain rise

MANILA — The rate of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) rose anew Wednesday although banks submitted …

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