Markets

Saudi Arabia forecasts slower growth, budget deficit this year

The largest Arab economy expects real gross domestic product to grow by 0.03 percent this year, the document released by the ministry of finance showed, compared with a previous forecast for growth of 3.1 percent.

China factory activity expands for first time in 6 months

China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.

Government raising P150B from Treasury bill, bond auctions in October

The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.

Jollibee opens first drive-thru outlet in Singapore

Jollibee Foods Corp. on Thursday said its flagship brand in Singapore opened its first drive-thru location at the Caltex Jurong Spring station. 

PH trade potential with India cited

India, one of the largest economies in South Asia, has been identified as a destination for Filipino exporters with its growing market for Philippine products and the existence of preferential trade agreements.

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