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Archives

DOF forecasts June inflation at 4.9%

MANILA — The Department of Finance (DOF) sees inflation increasing even further to 4.9 percent in June, from the 4.6 percent …

Gov’t sets P3.8-T disbursements for 2019

MANILA — The Development Budget Coordination Committee (DBCC) announced on Monday that the government’s disbursement program next year is at PHP3.8 …

Quenched, tempered steel safe for high-rise buildings: DTI chief

MANILA — Trade Secretary Ramon Lopez has reiterated that there should no longer be any safety issue on the use of …

BOP deficit surges in May

MANILA — The Bangko Sentral ng Pilipinas (BSP) reported Tuesday that the country’s balance of payments (BOP) position this May posted …

BSP assures PH financial stability amid local, global risks

MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. has assured Japanese investors that the Philippines remains financially stable …

PH gov’t woos Japanese investors

MANILA – The Duterte administration’s top economic managers are vigorously courting Japanese businessmen to take part in the country’s massive infrastructure …

HSBC: PH to benefit from China’s ‘new world order’

MANILA — The Philippines stands to benefit from China’s new world order, as the Asia’s economic giant is bullish in opening …

Better jobs, manufacturing data to support PH’s Q2 growth

MANILA — National Economic and Development Authority (NEDA) undersecretary Rosemarie Edillon expressed confidence that the improving performance of the country’s labor …

Robinsons earmarks up to P3.5-B for capex in 2018

MANILA — Robinsons Retail Holdings, Inc. (RRH) has earmarked PHP3 billion to PHP3.5 billion for capital expenditures (capex) this year, higher …

CEZA pursuing expressway, railway projects in Cagayan

MANILA — The Cagayan Economic Zone Authority (CEZA) is pursuing expressway and railway projects to link the northern part of the …

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