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Economist: More rate hikes to hurt economy

By Carlo S. Lorenciana | November 15, 2018 - 12:00am

Further raising the policy interest rates may not be looking good for the economy in general, an economist warned.

217 days ago

Freeman Cebu Business

278 days ago

Current account deficit swells to $3.1 billion in H1

By Lawrence Agcaoili | 278 days ago

The country continued to shell out more dollars to finance higher importation in support of the expanding economy, translating...

Business

Philippines economy slows down to 6% in Q2

By Carlo S. Lorenciana | August 10, 2018 - 12:00am

Philippine economic growth slowed to 6 percent in the second quarter of the year, as falling exports and the rising consumer prices continued to impact growth.

314 days ago

Freeman Cebu Business

Business leaders positive on Philippines growth momentum

By Carlo S. Lorenciana | May 11, 2018 - 12:00am

Some Cebu business leaders have expressed optimism the country’s growth momentum will continue after it posted a 6.8 percent growth in the first quarter of 2018, which is among the fastest in Asia.

Over a year ago

Freeman Cebu Business

Over a year ago

Pernia: Philippines can exceed World Bank's growth estimates

By Ian Nicolas Cigaral | Over a year ago

An economic manager of the Philippine government said the country could surpass the latest growth forecast made by the...

Business

Over a year ago

Economy seen to grow at least 7%

Over a year ago

An economic growth of at least seven percent is possible for the Philippines this year as the new tax reform law takes effect...

Business

Mine closures seen to trim exports, GDP

By Lawrence Agcaoili | March 14, 2017 - 12:00am

Investment banking giant Credit Suisse said the decision of the Department of Environment and Natural Resources (DENR) to close 23 mine sites and suspend five others could reduce the country’s export earnings...

Over a year ago

Business

Stocks expected to recover this week

January 23, 2017 - 12:00am

Local stocks are expected to recover this week from last week’s sluggish performance as investors shift their attention to the country’s potentially strong fourth quarter economic expansion.

Over a year ago

Business

Over a year ago

Philippine economy grows by 7.1% in Q3 2016

Over a year ago

The Philippine economy expanded by 7.1 percent in the third quarter of the year, the fastest in Asia, higher than the revised...

Business

Noy: No get-rich-quick formula vs poverty

By Prinz Magtulis | June 12, 2016 - 12:00am

There is no such thing as a “reset button” to instantly solve corruption in the government bureaucracy as there is also no get-rich-quick formula to end poverty in the country.

Over a year ago

Headlines

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DFA: Duterte might discuss Recto Bank incident at Asean

President Duterte might raise the Recto Bank issue at the coming summit of the Association of Southeast Asian Nations (ASEAN) in Thailand as part of talks on the Code of Conduct in the South China Sea, a ranking foreign affairs official said yesterday.

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Palace: We can't and won't summon Chinese envoy over boat sinking

Contrary to the previous remarks of Defense Secretary Delfin Lorenzana, Malacañang said Chinese Ambassador Zhao Jianhua will not be summoned over the incident in Recto Bank.

1 day ago

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Philippines calls on UN members to assist persons distressed at sea

Following the sinking of a Filipino boat by a Chinese vessel, the Philippines' top diplomat called on the international community to render assistance to persons in distress at sea.

2 days ago

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