Filipino workers install steel rods at a construction site in Metro Manila. Economic managers on Wednesday cut the range of growth target to six to 6.5 percent this year, and 6.5 to 7.5 percent for 2021-2022. FIVEPRIME

PH construction roadmap for 2020-2030 launched in Clark

CLARK FREEPORT, Pampanga – The Philippine Construction Industry Roadmap 2020-2030 that aims to shape the future capacity, values, and institutional integrity of the country’s...
For 2020, IMF now projects domestic output to expand by 6.3 percent, slower than the 6.6 percent forecast of last April. However, these revised forecasts remain among the highest in the region. ALAMY

‘Jump in business optimism shows confidence in Duterte’s leadership’

MANILA – The Malacañang on Saturday welcomed the results of the first quarter 2019 Business Expectations Survey, which showed improvement in business confidence in...

Property prices seen to rise in Metro Manila Subway area

MANILA – The Metro Manila Subway is poised to spur economic growth in areas along its track, especially common stations, a property consultant said...

Diokno cites thrift banks’ contribution to PH economy

MANILA – Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno on March 29 highlighted the importance of the thrift banking industry in the sustained...

DA says El Niño damage only P1.3B; warns vs inflated damage reports

MANILA – The Department of Agriculture on Thursday said total crop damage in the Philippines as a result of El Niño is now at...

Consumer sentiment negative, but improves in Q1 – BSP survey

MANILA – Consumer confidence in the remained negative in the first quarter of 2019, the Bangko Sentral ng Pilipinas (BSP) said Thursday. Consumers' overall confidence...

DTI aims to better promote Filipino brands overseas

MANILA – The Department of Trade and Industry (DTI) is actively promoting Filipino brands abroad as more home-grown franchises are expected to penetrate markets...

Bottled water, juices to get more expensive this summer

MANILA – Prices of bottled water drinks and fruit juices are expected to go up during the summer, according to the Philippine Amalgamated Supermarkets...

Public welfare priority in ‘Build’ push implementation

MANILA – Finance secretary Carlos Dominguez on Wednesday said that those burdened with implementing infrastructure projects and other government programs should always think of...

DTI to focus on finding markets for local farmers to ease oversupply of agri...

MANILA – Trade and Industry secretary Ramon Lopez on Monday said the department is aiming to connect local farmers directly to consumers to ease...