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Philippines
Thursday, April 25, 2024

Economy & Trade

Consumers warned vs. substandard products

The Department of Trade and Industry (DTI) and the private sector are working closely to safeguard consumers and the construction materials stakeholders against substandard products. DTI assistant secretary for consumer protection group (CPG) Amanda Nograles said the agency is working closely with industry groups involved in the manufacture of wood, glass, steel and cement. She noted reports of houses that were readily knocked down after a few years because they were...

Lazada to continue support for Filipino entrepreneurs

Lazada Philippines renewed its commitment to support the growth of Philippine entrepreneurship. “What...

GAC Motor reports 274% sales growth

Chinese mobility company GAC Motor concluded the first quarter of 2024 with...

NZ companies eye PH consumer market

New Zealand companies are eyeing the Philippines’ 117 million-strong consumer market, following...

LATEST Economy & Trade

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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...

Asian traders cautious ahead of results, Alibaba lifts Hong Kong

Markets fluctuated in Asia on Tuesday as traders nervously geared up for a slew of earnings from the world's biggest firms and an expected...

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