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MANILA – The performance of the country's manufacturing sector continued to improve in May, posting four months of consecutive growth.... Read full article
MANILA – The Philippines’ long-term prospects remain positive, a Department of Finance (DOF) economic bulletin said after noting the recovery of foreign direct investments (FDIs) in the first half of the year.... Read full article
ISTANBUL – As global markets try to rebalance after uncertainty due to the US Federal Reserve's (Fed) signals for earlier interest rate hikes, investors and analysts have set their eyes on speeches by Fed officials, including Chairman Jerome Powell.... Read full article
MANILA – Robust demand for the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills resulted in the rise of the debt paper’s rates on Friday.... Read full article
ANKARA – Goldman Sachs has lowered its forecast of the United States (US) economic growth for this year to 5.7 percent from 6.2 percent.... Read full article
The Department of Trade and Industry (DTI) has urged manufacturers and retailers of Noche Buena products to maintain their current prices for the upcoming Christmas holiday.... Read full article
MANILA – The government’s vaccination program against the coronavirus disease 2019 (Covid-19) is helping the economy amidst another surge of infections, an official of First Metro Investment Corporation (FMIC) said. ... Read full article
DAVAO CITY – The Aboitiz Foundation Inc., together with Hedcor, committed PHP7.8 million worth of projects in its host communities in Mindanao as they inked a memorandum of agreement (MOA) with its partners from this city, Davao del Sur, and Bukidnon... Read full article
MANILA – The government’s decision to bring in the Sinovac vaccine from China as the first Covid-19 jab to be administered to priority sectors has “saved” the country when vaccine hesitancy was at its highest and supply was scarce.... Read full article