Philippines Morning News For August 9

IMF cuts Philippines GDP forecast to 6.6% The International Monetary Fund (IMF) slashed anew its…

IMF cuts Philippines GDP forecast to 6.6% The International Monetary Fund (IMF) slashed anew its…

Forex reserves fall to $80.8 B in July The foreign exchange buffer of the Philippines…

Consumer spending to boost GDP in H2 The expected increase in household and government consumption…

PH proposal on commercial use of SCS dropped from code framework The Association of Southeast…

Auto sector to get ‘triple whammy’ from tax plan On top of increasing excise tax…

PHL enters $3-trillion global halal market THE Philippines is now ready to join the $3.2-trillion…

Philippines lags behind Asean-5 peers on WTO’s 2017 importers, exporters list The Philippines trailed behind…

Remittances, BPO revenues seen to shield peso The Bank of Tokyo – Mitsubishi UFJ Ltd.…

Hot money net outflow hits $457M yr-to-date FOREIGN portfolio investments in the Philippines so far…

Philippines to remain fastest growing economy in region: Fitch The Philippines will likely remain the…

Philippines buys 250,000 tons of rice to boost stockpiles THE NATIONAL FOOD AUTHORITY (NFA) purchased…

MPIC mulls P20-B Cavitex-Port Area expressway The tollway arm of Metro Pacific Investments Corp. (MPIC)…

CTA junks P292-M tax demand vs energy firm THE COURT of Tax Appeals (CTA) has…

ADB hikes ’17,’18 growth forecasts for PH The Asian Development Bank has raised its gross…

Customs collections up 21% to P211.8B in first six months The Bureau of Customs posted…

Peso depreciates to near 11-year low The peso continued to weaken against the dollar yesterday,…