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EconomyForex

Budget gap exceeds ceiling in 2022

By
March 1, 2023
3 Mins read
PHILIPPINE STAR/ RUSSELL PALMA THE NATIONAL Government’s (NG) fiscal gap narrowed year on year to P1.61 trillion in 2022, but exceeded the…
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EconomyForex

Factory activity eases in Feb. amid rising costs

By
March 1, 2023
3 Mins read
REUTERS PHILIPPINE FACTORY activity grew at a slower pace in February, as stubbornly high costs and supply chain challenges weighed on the…
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EconomyForex

January credit growth slowest in 9 months

By
March 1, 2023
3 Mins read
BANK LENDING expanded in January at its slowest pace in nine months, reflecting the impact of rising interest rates. Preliminary data from…
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EconomyForex

Industry group expects electronics exports growth to slow to 5% this year

By
March 1, 2023
1 Mins read
REUTERS THE SEMICONDUCTOR and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) set a 5% exports growth target this year, as it…
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EconomyForex

Megawide, Singapore firm plan $300-M data center

By
March 1, 2023
1 Mins read
MEGAWIDE Construction Corp. signed a shareholders’ agreement with a Singapore-based group for a $300-million or about P16.5-billion data center project as part…
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EconomyForex

I can’t believe it’s not meat

By
March 1, 2023
2 Mins read
1 of 2 WHILE our morals and stomach can certainly appreciate plant-based “meat,” our tongues and our memories want to taste something familiar….
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EconomyForex

PAL goes nostalgic for Biz Class meals

By
March 1, 2023
2 Mins read
1 of 3 A FILIPINO-American chef taps into memories both personal and universal to create a menu for Filipinos flying on Business…
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EconomyForex

Megaworld attributable income rises 0.2% to P13.5 billion

By
March 1, 2023
1 Mins read
MEGAWORLD Corp. on Wednesday reported a net income of P13.46 billion for 2022, higher by 0.2% than the earlier year’s P13.43-billion profit…
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EconomyForex

Term deposit yields climb on hawkish BSP hints

By
March 1, 2023
2 Mins read
BW FILE PHOTO YIELDS on the term deposits auctioned off by the Bangko Sentral ng Pilipinas (BSP) climbed on Wednesday amid hawkish…
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EconomyForex

HK to give away 30,000 free air tickets to PHL passengers 

By
March 1, 2023
1 Mins read
People walk in front of the Hong Kong Observation Wheel in Hong Kong, China China Sept. 5, 2019. — REUTERS HONG KONG…
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