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Megawide sees stronger 2020 earnings as 9-month profit falls

MANILA — Diversified engineering and infrastructure conglomerate, Megawide Construction Corporation on Friday reported a 51.44-percent decline in net income during the …

NEDA chief sees 2019 PH growth within target

MANILA — Socioeconomic Planning Secretary Ernesto Pernia sees the Philippines still hitting the economic growth target of 6 percent to 7 …

PH economy grows 6.2% in Q3

MANILA — The Philippine economy expanded by 6.2 percent in July to September period this year after two quarters of deceleration, …

Roadmap supporting natural capital accounting developed: NEDA

MANILA — The country has developed an institutionalization roadmap for management of natural resources that contribute to development, as the economy …

Gov’t spending seen to boost Q3 economic growth

MANILA — Socioeconomic Planning Secretary Ernesto Pernia said he expects Philippine economic growth to expand above 6 percent in the third …

ID system to improve targeting for cash transfer program

MANILA — The country’s chief economist expects the implementation of the national identification (ID) system to improve the targeting of beneficiaries of …

Ayala Land Premier eyes P16.1-B sales from 1st office dev’t

MANILA — Luxury developer Ayala Land Premier (ALP) expects to generate sales of PHP16.1 billion from its first office development in …

Security of Tenure bill should be fair to employers, workers

MANILA — The National Economic and Development Authority (NEDA) is pushing for revisions in the bill prohibiting labor contracting, noting the …

PH to be upper middle income country by 2020

MANILA – Socioeconomic Planning Secretary Ernesto Pernia on Wednesday said the Philippines will likely advance to an upper middle-income status in …

Jollibee expands presence in Vietnam

MANILA — Homegrown fast-food giant Jollibee Foods Corp. (JFC) is expanding its footprint in Vietnam as it plans to put up …

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