The National Government’s (NG) debt payments went up significantly in August this year, data from the Bureau of the Treasury (BTr) showed. In a report, the BTr said the debt service bill during the month amounted to PHP189.0 billion, up by 177 percent…
The country’s export revenues are slowly recovering this year due to external factors beyond the control of the local stakeholders, Philippine Exporters Confederation (Philexport) president Sergio Ortiz-Luis Jr. said. In a chance interview at the Phil…
Ocean-based industries grew by 21.1 percent last year and accounted for about almost 4 percent of the country’s gross domestic product (GDP), the Philippine Statistics Authority (PSA) said. In a report released on Tuesday, the PSA said the ocean econo…
Ocean-based industries grew by 21.1 percent last year and accounted for about almost 4 percent of the country’s gross domestic product (GDP), the Philippine Statistics Authority (PSA) said. In a report released on Tuesday, the PSA said the ocean econo…
Department of Trade and Industry (DTI) Undersecretary Rafaelita Aldaba said the agency is eyeing economic zones solely for electric vehicles (EV) manufacturing, including parts and components. Aldaba said having ecozones and industrial parks that can …
Both the local stock market and the currency closed Friday weaker amid concerns over prolonged high inflation rates.The Philippine Stock Exchange index (PSEi) ended the day weak with all counters in the red.The local bourse plunged 76.26 points, or 1….
