External debt payment falls 8% as of July The country’s external debt service burden dropped to $4.062 billion as of end-July, 8.12 percent lower than same period last year of $4.421 billion, according to the […]
Economy grows at slower 6.1% pace in third quarter of 2018 The economy continued its growth streak of at least six percent for the 14th consecutive quarter but failed to keep up with market expectations, […]
Trade gap widens to $3.93 billion in Sept 2018 Philippine imports hit an all-time high in September while exports remained weak, bringing the trade deficit to $3.93 billion, the highest in nine months amid sustained […]
Industrial unrest looms as Metro Manila minimum wage rises just PHP15 Labour groups in the Philippines have warned of increased industrial unrest after workers in Metro Manila were granted an effective daily minimum wage increase […]
Manufacturing sector’s PMI soars in October The Philippine manufacturing sector, as reflected by the purchasing managers’ index (PMI) in October posted a 10-month high score of 54, from its previous score of 52 in September, […]
Asean morning news Compiled by Stella-maris Ewudolu @stmarisewudolu Smart logistics boosts Asean’s economic integration with China Last year more than 40 billion packages were delivered in China – half the world’s global total. […]
‘Hot’ money net inflow shrinks, but 10-month outflow much smaller SHORT-TERM investments made by international players continued to flow out of the country in the first weeks of October, data from the Bangko Sentral ng […]
Asean morning news Compiled by Stella-maris Ewudolu @stmarisewudolu Asean minimum wages: ‘Measly’ pay rise sees Filipinos’ wages continue to shrink (video) A Philippine labour group which last Thursday slammed a proposed PHP20 (about […]
Asean minimum wages: ‘Measly’ pay rise sees Filipinos’ wages continue to shrink (video) A Philippine labour group which last Thursday slammed a proposed PHP20 (about US$0.37) daily minimum wage increase for workers in Metro Manila […]
Asean morning news Compiled by Stella-maris Ewudolu @stmarisewudolu 11 countries to launch TPP deal without USA and PH A trade pact between 11 Pacific Rim nations will come into force this year after […]
18 dead, P112M crops lost in Rosita’s wake Typhoon Rosita (international code name: Yutu) has left 18 people dead, with most of the victims killed in landslides in Northern Luzon, authorities reported on Wednesday. — […]
Asean morning news Compiled by Stella-maris Ewudolu @stmarisewudolu Financing for clean energy projects pushed for ASEAN economies To push more environment-friendly alternatives into the energy mix of economies in the region, a clean […]