Auto makers’ sales up in Oct.

November 14, 2018
The combined number of vehicles sold by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) in October has notably improved relative to sales the previous month, a joint report released Tuesday revealed.

Angara to push ITBPO perks despite reforms

November 13, 2018
Senator Juan Edgardo Angara assured the information technology and business process outsourcing (ITBPO) industry that the upper chamber will fight for the retention of tax perks in support of the sector's growth, amid the administration's efforts towards the rationalization of fiscal incentives.

Growth-sustaining measures pushed

November 12, 2018
The passage of still pending tax reform measures, addressing supply-related issues in agriculture and opening imports of agriculture inputs for manufacturing, are seen to sustain the robust growth of the Philippine economy.

Build, Build, Build to sustain growth in 2019

November 11, 2018
Global information firm IHS Markit remains optimistic about the Philippine economy's direction for the remainder of the year but expects stronger growth in 2019 with the Duterte administration’s “Build, Build, Build” program as main driver.

Philippines economy still among Asia’s fastest

November 09, 2018
The Philippines remained one of the fastest growing economies in Asia even after posting slightly slower growth at 6.1 percent in the third quarter, due to weaker agriculture output and ‘temporary’ decline in household spending over an inflation surge.

BSP rates to climb further-- ANZ

November 08, 2018
Economic think tank ANZ Research still forecasts another increase in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates, by 25 basis points, in December 2018 even if it turns out that domestic inflation has hit its peak in October.

Prioritize infra--economist

November 07, 2018
During the 2019 economic outlook jointly hosted by Maybank Philippines Inc. and Maybank ATR Kim Eng in Makati City Tuesday, Dr. Chua Hak Bin, Maybank Global Thematic, Macro Economist, said the country’s rising deficit on trade and current account are risks for the economy.

October inflation flat at 6.7%

November 07, 2018
Inflation in October held steady at 6.7 percent, unchanged from the previous month’s level, leading the Bangko Sentral ng Pilipinas (BSP) to state that it may have finally peaked, as the reading is further reinforced by a deceleration in heavily-weighted food items.

Sept. production output, value up

November 07, 2018
VoPi in September was boosted by growth in output in 11 major industries, with six industries recording double-digit growths, including textiles at 44.7 percent, petroleum products at 26.7 percent, machinery except electrical at 20.1 percent, miscellaneous manufactures at 16.5 percent, transport equipment at 16.2 percent, and non-metallic mineral products at 13.3 percent.

NEDA sees FDI rise on eased rules

November 06, 2018
The National Economic and Development Authority (NEDA) expects a further increase in foreign direct investments (FDI) next year due to the newly-signed 11th regular Foreign Investment Negative List (FINL).