Diokno to study how to expedite cut in banks’ reserve requirement
MANILA – Looking on how the central bank can hasten the reduction of banks' reserve requirement ratio is among the first items on the...
Economic cluster optimistic inflation to continue downtrend for rest of 2019
MANILA – Inflation is likely to continue its downward path for the rest of the year given recent developments in the country, members of...
Bill reducing electricity rates got bicam nod, says senator
MANILA – The bicameral conference committee has approved the proposed Murang Kuryente law which reduces electricity rates by as much as P1 per kilowatt...
‘Inflation rate downtrend won’t last due to taxes’
MANILA – Due to inflationary pressures, the inflation rate which recently recorded at 3.8 percent in February will not stay within the 2 to...
‘BSP must ensure steady, strong growth as inflation returns to target’
MANILA – Newly-appointed Bangko Sentral ng Pilipinas governor Benjamin Diokno said the central bank must ensure "strong, steady" economic growth as inflation returned to...
Duterte: TRAIN law keeps gov’t running
BANGUED, Abra – President Rodrigo Duterte on Tuesday defended the Tax Reform for Acceleration and Inclusion (TRAIN) law after it was blamed by several...
Rice may drop to P25 per kilo as imports flood market – NEDA exec
MANILA – Rice may cost as low as P25 per kilo once imports start arriving in markets, an official of the National Economic and...
With Henry Sy Sr.’s death, Villar now PH’s richest man
MANILA – Tycoon and former Senate president Manny Villar is now the richest man in the Philippines, Forbes Magazine said Tuesday.
Villar has a net...
DOF, DILG targets local execs involved in illicit tobacco trade
MANILA – Finance secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) to coordinate with the Department of the Interior and...
Unemployment at 5.2%, underemployment at 15.6% in January
MANILA – The Philippines posted an unemployment rate of 5.2 percent and an underemployment rate of 15.6 percent in January, government data released Thursday...