Sept. manufacturing output grows by 9.1%

FACTORY OUTPUT rose in September — the fastest pace in 18 months — driven by sustained domestic demand and resilient exports, the Philippine Statistics...

Diokno rejects proposal for state banks’ staggered contributions to MIF

By Luisa Maria Jacinta C. Jocson, Reporter ALLOWING state banks to contribute to the Maharlika Investment Fund (MIF) on a staggered basis is not...

Meralco rates go up in Nov.

RESIDENTIAL customers in areas served by Manila Electric Co. (Meralco) are set to pay higher bills this month due to an increase in transmission...

PHL economy grows 5.9% in third quarter, beats forecast

The Philippine economy grew 5.9% in the third quarter from a year earlier, the statistics agency said on Thursday, stronger than the previous quarter’s...

Agricultural output falls 0.3% in Q3

THE PHILIPPINES’ agricultural output shrank for a second straight quarter in the July-to-September period mainly due to declines in crops and fisheries production, the Philippine Statistics Authority (PSA) said.

Dollar reserves rise to 6-month high of $101B

AFTER two straight months of decline, the Philippines saw its dollar reserves rise to a six-month high as of end-October, thanks to the National Government’s (NG) retail dollar bond issuance.

Jobless rate inches up to 4.5% in September

THE NUMBER of jobless Filipinos rose by 50,000 from a month earlier to 2.26 million in September, even as the underemployment rate hit its...

Philippines drops four spots in list of most talent competitive countries

THE PHILIPPINES has dropped four spots in an index that ranked countries based on their ability to attract and retain talent. The Philippines ranked 84th...

BSP ready to act if needed despite slower inflation

The Philippine central bank said on Tuesday it was prepared to take further monetary policy action if needed to anchor consumer price expectations even...

Inflation slows to 4.9% in October

ANNUAL INFLATION sharply slowed in October after two straight months of acceleration, reflecting easing prices of key food items, the Philippine Statistics Authority (PSA) said on Tuesday.

Trade gap shrinks to $3.5B in September

THE COUNTRY’S trade-in-goods deficit in September narrowed to its lowest level in nearly a year after a decline in exports and imports, preliminary data...

DBP seeks return of P25-B contribution to Maharlika fund

THE DEVELOPMENT BANK of the Philippines (DBP) is seeking the return of its P25-billion contribution to the Maharlika Investment Fund (MIF) until the suspension of the law’s implementing rules and regulations (IRR) is officially lifted.
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