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Forex

EconomyForex

Hitachi Rail, Transport dep’t sign Malolos-Tutuban rail deal

By
January 31, 2023
1 Mins read
JICA THE Department of Transportation and Hitachi Rail signed on Monday the electrical and mechanical systems and track works contract for the…
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EconomyForex

World Bank approves $600-M loan to support PHL financial sector

By
January 31, 2023
2 Mins read
REUTERS THE World Bank has approved a $600-million loan to make the Philippine financial sector more resilient against shocks and boost the…
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EconomyForex

Fisheries output rises 2.2% in 2022

By
January 31, 2023
1 Mins read
PHILSTAR FISHERIES output rose 2.2% led by the marine municipal fisheries and aquaculture segments, the Philippine Statistics Authority (PSA) said. In its…
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EconomyForex

BoC exceeds January collection target

By
January 31, 2023
1 Mins read
PHILSTAR THE Bureau of Customs (BoC)  said it surpassed its collection target for January with revenue of P65.801 billion in the Jan….
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EconomyForex

Output boost seen if sugar milling starts in October

By
January 31, 2023
1 Mins read
PHILSTAR A SUGAR Regulatory Administration (SRA) board member said production could rise if the sugar milling season is moved back to its…
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EconomyForex

Luxury goods tax bill reframed as 25% tax on ‘non-essentials’

By
January 31, 2023
1 Mins read
DAY DATE 40 THE long-awaited luxury tax measure has been billed as a tax on “non-essentials” like jewelry, high-end bags and watches,…
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EconomyForex

Restrained consumption seen holding back Philippine growth this year

By
January 31, 2023
3 Mins read
PHOTO BY BERNARD HERMANT ECONOMIC GROWTH is expected to moderate this year with inflation serving as a dampener on consumption, Standard Chartered…
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EconomyForex

Fitch Solutions sees PHL consumer spending growth slowing in 2023

By
January 31, 2023
1 Mins read
PHILIPPINE STAR/ MICHAEL VARCAS FITCH SOLUTIONS affirmed its earlier view that household spending growth could slow this year due to inflationary pressures….
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EconomyForex

NEA targets total electrification by 2028

By
January 31, 2023
1 Mins read
PHILSTAR THE National Electrification Administration (NEA) said it expects to achieve its full electrification target in the next five years. “Challenge accepted….
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EconomyForex

PHL GSP renewal stalled as US works on IPEF, ambassador says

By
January 31, 2023
2 Mins read
REUTERS THE renewal of the Philippines’ participation in the US Generalized System of Preferences (GSP) trade program is taking a back seat…
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