Money supply growth slows to 13% in January, says BSP

MANILA – The country's money supply growth slowed in January given the drop in loans for household consumption during the period, the Bangko Sentral...

Manny Pangilinan denies PLDT owes gov’t P8 billion

MANILA – PLDT Chairman and CEO Manny V. Pangilinan on Thursday denied President Rodrigo Duterte’s claim that the telecommunications giant owes government P8 billion. “I...

NFA to focus solely on buffer stocking amid rice tariffication

MANILA – There will be intermittent supplies of rice from the National Food Authority (NFA) starting March, with an influx of cheap commercial rice...

Land dev’t of Megaworld’s posh village in Bacolod completed

BACOLOD City – Property giant Megaworld Corp. has started the turnover of lots to property owners in the Forbes Hill, its first luxury village...
The Philippines’ inflation rate further eased at 2.4 percent in July as food prices continued to soften. GREENPEACE

BSP sees February inflation within 3.7% to 4.5%

MANILA – Inflation is likely to have continued to ease  this month due to the drop in prices of agricultural commodities during the month,...

Poultry growers call for 40% tariff on deboned meat

MANILA – An alliance of poultry growers is urging the government to revert the 40 percent tariff on mechanically deboned meat (MDM) as mandated...

P5B released to help rice farmers, another P10B from RCEF coming

MANILA – A total of P5 billion was already released to assist farmers, with another P10 billion to be released once revenue is realized...

Gaming, outsourcing to drive office space demand in 2019

MANILA – The country’s office property market will continue to benefit from the presence of Philippine offshore gaming and outsourcing sector (POGO), real estate...

Smokers to seen to decrease 17% with P60 tobacco tax hike

MANILA – Simulations jointly developed by the Departments of Finance (DOF) and Health (DOH) along with the World Health Organization (WHO) indicate that the...

Fuel marking to start this March

MANILA – About 15.2 billion liters of imported and locally-produced gasoline, diesel and kerosene will be subjected to fuel marking this year. Of the total,...