Inflation rate in April settles at 4.5 percent
The country’s inflation rate remained at 4.5 percent in April as prices of some food items were lower, the Philippine
US manufacturing growth slows a bit in April
Growth in U.S. manufacturing slowed slightly in April partly due to a snarled global supply chain after hitting a 37-year
Insurance Commission boasts 100% processing of monetary claims
The Insurance Commission (IC) processed 100 percent of monetary claims as well as licenses and product applications last year to meet
ADB to provide support for job generation in PH
After supporting the Philippine government’s program to fight coronavirus disease 2019 (Covid-19), the Asian Development Bank (ADB) will focus its
Govt allocates P2.5 trillion for PH economic recovery
Socioeconomic Planning Secretary Karl Kendrick Chua said on Saturday the government has allocated P2.5 trillion this year as part of
Europe’s economy shrank by 0.6% in first quarter
Europe’s economy shrank 0.6 percent in the first three months of the year as slow vaccine rollouts and extended lockdowns
ADB projects 4.5% PH economic growth this year
The Asian Development Bank (ADB) expects the Philippine economy to recover with a growth of at least 4.5 percent this
Govt sees return to normal budget deficit by 2022
The Department of Finance (DOF) sees a return to the normal deficit level by 2022 as pandemic-related spending and ensuring
Apple sets $430-billion investment in next 5 years
Apple announced plans Monday for a new campus in North Carolina that it says will bring in thousands of new
Govt economic managers stick to 6.5 to 7.5 GDP growth forecast
The country's economic planners are maintaining the government’s 6.5- to 7.5-percent growth target this year, optimistic about economic recovery despite