A Filipina consumer walks past an aisle of instant coffee at a grocery store in Metro Manila. AP

‘Hike in prices of basic goods to continue despite 2.7% inflation’

MANILA – The hike in the prices of basic goods in the country will continue in the coming years despite the announced 2.7 percent inflation downtrend...
A vendor counts her earnings at a market in Manila. AP

‘Inflation slowdown puts gov’t targets within reach’

MANILA – Philippine monetary officials have renewed confidence in hitting inflation targets following the fall of June's inflation rate to 2.7 percent from 3.2 percent in...
Labor secretary Silvestre Bello III emphasized that the cases of “violence and murder, brutal repression of public protests, and repressive laws” among workers are all allegations as the cited accusations are not officially reported as labor-related incidents. PHOTO FROM ANAKBAYAN UST

PH unjustly vilified in global workers’ rights report, says Labor chief Bello

MANILA – Labor secretary Silvestre Bello III has slammed a report which placed the Philippines as among the worst countries in the world for workers. In a...

Factory gate prices rise in May – PSA

MANILA – Factory gate prices surged in May, mainly boosted by the remarkable increase in costs of furniture and fixtures, the Philippine Statistics Authority (PSA) reported...

Pag-IBIG releases record high P37B in housing loans in H1, up 13% year-on-year

Pag-IBIG Fund released P37.07 billion in home loans in the first half of 2019, an increase of P4.37 billion or 13 percent compared to...
A vendor tends to her rice stall at the Paco Market in Paco, Manila. ALAMY

Lower than 2% inflation seen in Q3, says Diokno

MANILA – Inflation is now being forecast at below two percent in the third quarter of 2019 due to base effects, Bangko Sentral ng Pilipinas (BSP)...
Benjamin Diokno

BSP governor on Charter change: ‘Not at this time’

MANILA – Bangko Sentral governor Benjamin Diokno rejected Thursday moves to amend the Constitution, saying this will only disrupt the country's economic growth. "Not at this time....
US President Donald Trump talks to reporters during a signing ceremony in the Oval Office of the White House in Washington on July 1. REUTERS

Trump accuses China, Europe of currency manipulation, stimulus

WASHINGTON – US President Donald Trump on Wednesday accused China and Europe of deliberately weakening their currencies and stimulating their economies to gain competitive advantages over...
Ramon Ang

Ramon Ang denies backing bet in House Speaker race

MANILA – San Miguel Corp president Ramon Ang on Monday denied claims he was backing any contender for speaker of the House of Representatives. Taguig representative...

‘Food poisoning victims can rely on PhilHealth’

MANILA – In the light of more than 200 people who reportedly  suffered from food poisoning during the birthday party of former First Lady Imelda Marcos,...