The local equities market managed to end in the green on Tuesday, (Feb. 23) after trading in negative territory most of the day as investors started picking up cheaper stocks. The Philippine Stock Exchange index (PSEi) inched up 4.33 points, or 0.06 percent, to close at 6,814.67 with...
Filipino-Chinese businessmen in the country strongly throw their support behind the decision of the government’s economic managers to de-escalate Metro Manila under the general community quarantine (GCQ) to modified GCQ (MGCQ) to quickly and decisively revive the Philippine economy. In a...
The government’s continued movement restrictions will deter the country’s economic recovery this year, one of three major international credit rating agencies said on Thursday, Feb. 18. In a credit opinion, Moody’s Investors Service said that the Philippine economy, as measured by its...
Trade and Industry Secretary Ramon M. Lopez has warned of irreversible damages to the economy and future of next generation if the country’s high hunger and unemployment levels continue. Lopez said this as he meets today with Metro Manila mayors to explain the Cabinet economic cluster’s...
Trade and Industry Secretary Ramon M. Lopez yesterday said the domestic economy is expected to recover to 6 percent GDP growth this year, which he premised on the easing of restrictions under a modified general community quarantine (MGCQ) status for the National Capital Region and neighboring...
Life would not probably get back to normal until 2022 as COVID-19 vaccines may not be enough to enable people to return to business as usual by next year, the National Economic and Development Authority (NEDA) said. A resident rides her bicycle past armed soldiers along a street in Navotas in...
