President Donald Trump. AP/CAROLYN KASTER

Trump’s 15% tariffs on Chinese goods take effect

WASHINGTON — The Trump administration’s latest round of tariffs on Chinese imports took effect early Sunday, potentially raising prices Americans pay for some clothes, shoes, sporting goods...
Bangko Sentral ng Pilipinas forecasts August 2019 inflation rate to stay between 1.3 to 2.1 percent noting the low prices of fuel and rice and the downward adjustments in electricity rates as the factors. REMOTELANDS.COM

BSP forecasts August inflation at 1.3% to 2.1%

MANILA - Philippine monetary officials forecast a further deceleration of the inflation rate with August 2019 figure projected to stay between 1.3 to 2.1 percent given...
President Rodrigo Roa Duterte delivers his speech during the Philippines-China Business Forum at the Grand Hyatt Hotel in Beijing on Aug. 30, 2019. The Philippine president has told Chinese businessmen in Beijing to personally report to him if they encountered trouble with corruption while setting up businesses in the Philippines. PRESIDENTIAL PHOTO

Duterte to Chinese bizmen: Report corrupt experiences in PH

MANILA – President Rodrigo Duterte has told Chinese businessmen in Beijing to personally report to him if they encountered trouble with corruption while setting up businesses...
Finance undersecretary Gil Beltran

DOF exec sees higher budget gap due to spending catch-up plan

MANILA - A ranking official of the Department of Finance expects the budget gap increasing in the remaining months of the year as the government implements...
Numbers from the electronic stock board are reflected on the glass window of a restaurant during trading hours of the Philippine Stock Exchange at the financial district of Makati, Philippines. The main equities index rose by 1.29 percent, or 100.12 points, to 7,847.50 points on Wednesday, while the local currency finished the day’s trade at 52.32 from 52.26 a day ago against the US dollar. AP PHOTO/AARON FAVILA

Global stocks rise on US-China trade hopes

BEIJING  Global stocks rose Friday on hopes that next month’s U.S.-Chinese talks might produce progress towards ending a costly tariff war over trade and technology. Investors were...
President Rodrigo Duterte signs into law a measure allowing courts to penalize those who committed minor offenses with community service. PRESIDENTIAL PHOTO

Du30 signs law allowing more Islamic banks in the country

MANILA – President Rodrigo Duterte have recently signed into law a measure that authorizes the expansion of Islamic banking system in the Philippines. Republic Act 11439, signed...
Socioeconomic Planning secretary Ernesto M. Pernia. PNA

Pernia assures care for environment while meeting power needs

MANILA - Socioeconomic Planning secretary Ernesto Pernia on Friday assured the public that the bid to meet the domestic economy’s rising demand for power is being...

PCA holds 19th Kalubihan Fest

Philippine Coconut Authority (PCA) Province of Guimaras and Guimaras Small Coconut Farmers Federation conducted the 19th Kalubihan Festival. The activity supports the National Coconut Week Celebration as mandated...

PH speeds up infra, GDP seen rising to 6.4% in H2

MANILA -  The government speeds up the implementation of priority infrastructure projects by increasing public spending in order to boost the economy in the second half...
Numbers from the electronic stock board are reflected on the glass window of a restaurant during trading hours of the Philippine Stock Exchange at the financial district of Makati, Philippines. The main equities index rose by 1.29 percent, or 100.12 points, to 7,847.50 points on Wednesday, while the local currency finished the day’s trade at 52.32 from 52.26 a day ago against the US dollar. AP PHOTO/AARON FAVILA

Stocks recover, peso ends sideways on trade concerns

MANILA - Trade concerns, especially between the United States and China, continued to worry investors, but the Philippine Stock Exchange index (PSEi) managed to recover while...