Peso weakest at P56.77 to US$ on back of rising trade deficit
The peso plunged to an all-time low of P56.77 to the US dollar on Friday, data from the Bankers Association ...
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PH prospects stay promising, says Diokno
Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Friday the medium- and long-term prospects for the Philippine economy remain promising ...
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September trade deficit widened to $4 billion as imports jumped 25%
The trade deficit widened 76.3 percent in September to $4 billion from a shortfall of $2.26 billion a year ago, ...
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GDP growth seen to be sluggish in Q3
A bank economist said Friday he expects a sluggish gross domestic product growth in the third quarter as the spread ...
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Inflation seen exceeding 5% in September
Inflation rate is expected to rise beyond 5 percent in September from 4.9 percent in August on higher prices of ...
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GDP growth at 11.8% highest in 30 years but threats persist
The economy grew in the second quarter at its fastest pace in more than three decades, but an official warned ...
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Economist sees Fitch cutting PH credit rating this year amid sluggish recovery
A bank economist on Tuesday warned of a possible downgrade of the Philippines’ investment grade score by credit rating agencies ...
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Peso weakens to one-year low of 50.08:US$1
The peso pierced through the 50-per-dollar level on Friday, the weakest in more than a year, on higher demand for ...
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Budget deficit reached P566B in 5 months
The budget deficit reached P200.3 billion in May and P566.2 billion in the first five months as the government raised ...
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February imports rose 2.7% to end 22-month downtrend
Imports rose 2.7 percent in February from a year ago to end a 22-month downtrend on higher purchases of electrical ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.