Economy & Trade
Producer price index posted slower growth of 2.3% in April
The producer price index for manufacturing, which measures the average change over time in selling prices received by domestic producers...
US lawmakers race against time to avert debt crisis
WASHINGTON, USA—The bill hammered out by US leaders to prevent the country from a catastrophic default on its debts will...
Budget surplus of national gov’t climbed 13 times to P66.8b in April
The national government posted a budget surplus of P66.8 billion in April, or more than 13 times the P4.9 billion...
Higher mortgage rates to affect completion of condo projects
Property consultancy firm Colliers said Monday the completion of condominium projects is expected to slow down this year amid elevated...
DTI proposes temporary tariff cuts on electric vehicles
The Department of Trade and Industry is taking a more proactive role in support of the widespread adoption of electric...
Biden and McCarthy finalize US debt deal, confident it will pass
WASHINGTON, USA—President Joe Biden and Republican leader McCarthy said Sunday that a final bipartisan deal to raise the US debt...
Hong Kong treads line to regulating retail crypto trade
HONG KONG, China—Retail investors in Hong Kong may soon be able to buy popular cryptocurrencies like bitcoin at government-licensed exchanges,...
Japan firm gets incentives for Subic expansion
The Fiscal Incentives Review Board approved Nidec Corp.’s application for incentives for its P4.2-billion expansion project in Subic Bay Freeport...
Diokno: Key reforms boost economy
Finance Secretary Benjamin Diokno said over the weekend structural reforms provide the domestic economy the needed boost to continue growing...
IWG announces opening of 7 new sites in PH
Global leader in hybrid working IWG Plc is expanding to seven new sites in the Philippines to serve the increasing...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.