Philip Morris lauds passage of cigarette excise tax bill

MANILA – The management of Philip Morris Fortune Tobacco Corporation (PMFTC) on Tuesday lauded the Senate's decision to pass the bill increasing further the...

Unemployment, underemployment ease in April 2019, shows gov’t data

MANILA – Philippine unemployment and underemployment eased in April, compared to the same period in the previous year, according to Philippine Statistics Office data...

Uptick in inflation no cause for concern, assures Palace

MANILA – Malacañang on Thursday said the slight uptick in inflation in May should not be a cause for concern given that it remained...

Gov’t ramping up efforts vs cigarette smuggling, says DOF

MANILA – Another increase in the excise tax on tobacco products looms, and the government is ramping up efforts to combat cigarette smuggling in...

Mango growers seek DA’s help over 2-M kilo surplus

MANILA – Spurred by an overproduction of around two million kilos of mangoes in Luzon alone, the Department of Agriculture (DA) will launch on...
Fitch Solutions cited the 22-month low June inflation at 2.7 percent, compared with 3.2 percent in May. It noted that the Philippine peso has stabilized and is expected to reduce import-related inflationary pressures. ALAMY

DTI issues advisory vs vinegar brands FDA found to have synthetic acetic acid

MANILA – The Department of Trade and Industry (DTI) has issued a public advisory asking the public to refrain from buying vinegar brands that...

‘Young coconut exports to US another Duterte achievement’

MANILA – Agriculture secretary Emmanuel Piñol recently hailed the Duterte administration for the latest achievement in the agricultural sector as the United States Department...

PH factory output recovers in May – IHS Markit

MANILA – The Philippine manufacturing sector registered a recovery in May, driven by acceleration in new orders during the period, results of the latest...

World Bank keeps 2019 PH economic outlook at 6.4%

MANILA – The World Bank has retained its Philippine economic growth forecast for 2019, while expecting global growth at a slower pace than earlier...
Bangko Sentral ng Pilipinas Governor Benjamin Diokno

BSP downplays uptick in May inflation

MANILA – The Bangko Sentral ng Pilipinas (BSP) on Wednesday downplayed the recent uptick in inflation, but noted the risks of second-round effects if...