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Philippines
Wednesday, April 24, 2024

Economy & Trade

NZ companies eye PH consumer market

New Zealand companies are eyeing the Philippines’ 117 million-strong consumer market, following the recent visit of Prime Minister Christopher Luxun to Manila. “They’re coming in open vistas as to the Philippines’ potential. New Zealand producers are thinking of investing here. Nothing is specific yet, but we highlighted the areas where we wanted them to consider investments,” Trade Secretary Alfredo Pascual said. With only 5 million people in the whole of New...

First-quarter vehicle sales climbed 12.7% to 109,606

Car sales in the Philippines increased 12.7 percent year-on-year in the first...

PEZA approves P30b worth of investments

The Philippine Economic Zone Authority (PEZA) said Monday it approved P30 billion...

BCDA bullish on Luzon economic corridor, other projects with US, Japan endorsement

State-run Bases Conversion and Development Authority expressed optimism on the growth of...

LATEST Economy & Trade

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Senior citizens, PWDs get 5% rebates on online buys

The Department of Trade and Industry said Wednesday senior citizens and persons with disabilities are entitled to 5-percent rebates on basic necessities and prime...

US Fed opens policy meeting as it seeks to tame inflation

WASHINGTON, United States—The US central bank opened its two-day policy meeting on Tuesday, preparing for another salvo in the war on rising inflation. The Federal...

IMF raises 2022 growth forecast for PH to 6.7%

The International Monetary Fund raised on Tuesday the 2022 gross domestic product growth projection for the Philippines to 6.7 percent from the 6.5-percent initial...

June budget deficit jumped 44% to P215b on higher gov’t spending

The government’s budget deficit jumped 43.8 percent in June to P215.5 billion from a year ago, driven by the 27.91-percent growth in expenditures that...

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