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MANILA – The country’s economic outlook for this year remains rosy, Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion said during the Laging Handa public briefing Tuesday.... Read full article
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 – High domestic liquidity condition continues to drive the demand for Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills, which posted a lower rate 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
MANILA – The Philippine Stock Exchange index (PSEi) slipped while the peso depreciated on Wednesday following reports of deteriorating manufacturing activities in August.... Read full article
MANILA – The Cooperative Development Authority (CDA) has launched the Co-op Biz, an online marketplace for CDA-registered cooperatives, aiming to bring local cooperatives’ products to the global market.... 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
MANILA – Positive sentiments continued to buoy the local bourse on Thursday, and this benefited the local currency as well after it again touched the 50-level against the US dollar. ... Read full article