MANILA – Placing the National Capital Region Plus back on Alert Level 3 due rising coronavirus disease 2019 (Covid-19) cases is seen to result in a weekly gross value added (GVA) loss of around PHP3 billion, economic managers said.... Read full article
MANILA – National government revenues for January to July 2021 rose by 3.6 percent to PHP1.75 trillion from PHP1.69 trillion in the same period in 2020.
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MANILA – Finance Secretary Carlos Dominguez III lauded President Rodrigo Roa Duterte and Congress for the enactment into law of a measure backed by the Department of Finance (DOF) that seeks to further liberalize the Philippine economy ... Read full article
MANILA – The Department of Transportation (DOTr) is set to recommend to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) an increase in passenger capacity in public utility vehicles... Read full article
MANILA – The performance of the country's manufacturing sector continued to improve in May, posting four months of consecutive growth.... Read full article
MANILA – Banks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate this week as domestic liquidity remained high. ... 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
MANILA – The local cement manufacturing industry finds a common voice in Republic Cement against complaints of unabated cement dumping from Vietnam.... Read full article
The Philippines is seeing rapid growth in digital commerce, fintech, wellness, renewable energy, agritech, and creative services—offering new opportunities for entrepreneurs aligned with local needs and evolving consumer trends.... Read full article
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