Economy

KCNA VIA REUTERS SEOUL – North Korean leader Kim Jong Un urged government officials to engineer a “fundamental transformation” in agricultural production, state media reported on Tuesday, amid fears…

L FILIPE C SOUSA-UNSPLASH WASHINGTON – The Federal Aviation Administration said Monday it is awarding nearly $1 billion to 99 US airport terminal projects under a 2021 $1…

US NAVY/HANDOUT VIA REUTERS/FILE PHOTO MANILA – The Philippines is in talks to possibly include Australia and Japan in planned joint South…

DAVID DVORACEK-UNSPLASH THE BANGKO SENTRAL ng Pilipinas (BSP) will likely cut banks’ reserve requirement ratio (RRR) to 10% to encourage them to…

THE PHILIPPINE Economic Zone Authority (PEZA) approved P3.8 billion worth of investments in February, more than double the investments approved a year…

A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS THE PHILIPPINES will need to improve law…

Economic managers are targeting 6-7% GDP growth this year, slower than the 7.6% GDP expansion in 2022. — PHILIPPINE STAR/WALTER BOLLOZOS THE…

MANILA Electric Co. (Meralco) reported a 10.2% increase in consolidated core net income to P27.11 billion in 2022 from P24.61 billion a…

PHILEX Mining Corp. saw its attributable net income drop by 26.9% in 2022 to P1.8 billion from P2.43 billion a year earlier…

AREIT, Inc. posted a 55% growth in net income to P3.4 billion in 2022 as stable operations brought higher revenues for the…