Global growth this year, seen as slow and uneven, is forecast to remain well below the 20-year average of 3.8 percent, according to International Monetary Fund managing director Kristalina Georgieva.
The Philippine labor market in August showed significant improvement from July, with the resumption of farm activity and the start of the new school year helping generate more employment for Filipinos, the statistics authority said Friday.
Oil and rice price shocks sending the September inflation rate sharply higher to 6.1 percent are seen dissipating in October when more data is captured reflecting the macroeconomic lay of the land, officials said on Thursday.
Headline inflation accelerated to the upper limit of official forecast and hit 6.1 percent in September and well above market consensus of only 5.3 percent, the Philippine Statistics Authority (PSA) reported on Thursday.
The chairman of the House of Representatives’ ways and means committee expects a new bill providing incentives to San Miguel Corp.’s Bulacan Airport City...
The Department of Agriculture (DA) has temporarily suspended the issuance of sanitary and phytosanitary import clearance (SPSIC ) for the importation of mackerel and torpedo scad species following reports of import permit misuse that could destabilize the market.
CII Bridges and Roads Investments Joint Stock Co. (CII B&R), a Vietnamese affiliate of Metro Pacific Tollways Corp. (MPTC), is set to begin construction on the US$1.53 billion expansion of the Ho Chi Minh City–Trung Luong–My Thuan Expressway in September this year, marking a milestone in Vietnam's infrastructure push.
The Investment & Capital Corporation of the Philippines (ICCP) has announced the appointment of Jesus Mariano “Manny” P. Ocampo as its new president and chief operating officer, effective July 1, 2025.