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Economy

EconomyForex

433 people win a lottery jackpot—impossible? Probability and psychology suggest it’s more likely than you’d think

By
October 6, 2022
3 Mins read
Philippine Charity Sweepstakes Office/Facebook More than a few eyebrows were raised at the weekend when it was reported a staggering 433 people…
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EconomyForex

Marcos open to buying Russian fuel, proposes new Myanmar approach

By
October 6, 2022
2 Mins read
MANILA – Philippine President Ferdinand Marcos Jr on Wednesday said his nation may need to turn to Russia to fulfil its fuel…
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EconomyForex

WTO warns ‘darkened’ trade outlook could deteriorate further

By
October 6, 2022
1 Mins read
REUTERS GENEVA — The World Trade Organization (WTO) forecast a slowdown of global trade growth next year as sharply higher energy and…
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EconomyForex

Unemployment rate inches up to 5.3% in Aug.

By
October 6, 2022
1 Mins read
The ranks of jobless Filipinos went up 79,000 month on month in August, bringing the total unemployed that month to 2.681 million,…
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EconomyForex

Inflation zooms to 6.9% in Sept.

By
October 5, 2022
4 Mins read
A jeepney driver shows peso bills in this file photo. Commuters began paying higher public transport fares on Monday. — PHILIPPINE STAR/…
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EconomyForex

PHL launches dollar bond offering

By
October 5, 2022
2 Mins read
REUTERS THE PHILIPPINES returned to the global bond market again this year via a three-tranche, US dollar-denominated bond offering. This is the…
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EconomyForex

PHL banks’ NPL ratio falls to 23-month low

By
October 5, 2022
2 Mins read
PHILIPPINE STAR/ MICHAEL VARCAS By Keisha B. Ta-asan SOURED LOANS held by banks fell for a sixth straight month in August, bringing…
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EconomyForex

Customs exceeds collection target for 9th straight month

By
October 5, 2022
1 Mins read
Agents from the Bureau of Customs – Customs Intelligence and Investigation Service inspected a sugar warehouse in Quezon City, Aug. 23. —…
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EconomyForex

SMC studies legal options after rate hike denial

By
October 5, 2022
2 Mins read
SMC Global Power Corp. said it would explore other legal remedies to continue supplying power after the decision of the Energy Regulatory…
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EconomyForex

North Star seeks foreign investors after deferred IPO

By
October 5, 2022
2 Mins read
NORTH Star Meat Merchants, Inc. is eyeing foreign and private equity investors after it deferred its initial public offering (IPO). “We have…
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