Tag page - michael ricafort

The national government borrowed partially as banks demanded higher returns amid the Israel-Hamas conflict, which led to higher global crude oil prices. At Monday's auction of Treasury bills on Oct. 16, the national government raised a total of P11.947 billion, below the P15 billion program. Total...

An economist thinks the Marcos administration made the right decision in continuing with investing in education, citing how the country's young and productive workforce has been able to keep the Philippines afloat even during difficult times, the Presidential Communications Office (PCO) said. *File...

The local stock market overcame early weakness to end slightly higher while investors wait for market moving news. The main index added 13.06 points or 0.19 percent to close at 7,069.68 with sectoral indices evenly split. Volume was firm at 1.24 billion shares worth P8.35 billion as gainers edged...

Stock market analysts cheered the higher-than expected Philippine economic growth in the third quarter, attributing it to the Marcos government’s decision to ease Covid restrictions which resulted in higher consumer spending and a more active economy. “Growth was able to outperform the previous...