economy

Stocks mostly rise at end of turbulent week

NEW YORK — Stocks wobbled in trading Friday but largely closed higher at the end…

Central bank wants bigger fines on substandard reports

The Bangko Sentral ng Pilipinas (BSP) is eyeing stiffer monetary penalties against financial institutions that…

PH debt service in June fell by 25% to P66 billion

The servicing of government debt declined year-on-year in June as bulk of payments went to…

PSEi seen to rebound to 8,200 next year

Faster inflation in July caused Maybank Securities Inc. to delay by “a few months” its…

No BSP rate cut just yet, economists say

The Bangko Sentral ng Pilipinas (BSP) will likely keep the policy rate unchanged for the…

Neda tags 45 ODA-funded projects as ‘problematic’

Some 45 projects funded by Official Development Assistance (ODA) have been classified as “problematic” as…

ACEN profit up 49%

The activation of more renewable energy projects powered ACEN Corp.’s earnings by 49 percent in…

High interest rates curb loan growth

Bank lending grew in June but was relatively flat from the previous month as high…

Economy grew 6.3% in Q2, outpacing most Asian nations

The Philippine economy grew by 6.3 percent in the second quarter, driven by increased state…

June trade deficit narrowed further to $4.3B

The country’s trade gap went down to its narrowest in three months as exports saw…