PH Nov trade down as imports, exports slip

Jan. 11 | The Philippines’ total merchandise trade registered its eighth consecutive month of decline in November 2019 as both imports and exports recorded decreases during the period, data from the Philippine Statistics Authority (PSA) showed. PSA said total...

Revised list of Build Build Build projects approved

Nov. 8 | Aboitiz InfraCapital’s proposal to operate and maintain the New Bohol International Airport under a 25-year concession period was among projects approved by the National Economic and Development Authority Board’s Investment Coordination Committee-Cabinet...

PH economic growth quickens to 6.2% in Q3

Nov. 7 | The Philippine economy grew 6.2% in the third quarter of 2019, with the services sector growing the fastest, according to the Philippine Statistics Authority (PSA). The gross domestic product (GDP) growth in the third quarter improved on the 5.5% expansion...

PH Sept manufacturing output down 10 months in a row

Nov. 5 | Image by Mike Flynn from Pixabay The Philippine manufacturing sector recorded decreases in both volume and value in September 2019, its 10th successive month of decline, according to the Philippine Statistics Authority (PSA). Based on the preliminary...

PH trade down 7% in Aug

Oct. 10 | Image by Alexander Bobrov from Pixabay The Philippines’ total merchandise trade dipped for the fifth consecutive month in August, based on data from the Philippine Statistics Authority (PSA). The total merchandise trade in August 2019 reached US$14.91...

Manufacturing output dips for ninth consecutive month

Oct. 4 | Image by Mike Flynn from Pixabay The Philippine manufacturing sector recorded decreases in both volume and value in August 2019, its ninth month in a row of decline, according to the Philippine Statistics Authority (PSA). Based on the preliminary result...

NEDA okays P102B unsolicited proposal on NAIA rehab

Oct. 4 | Image by InspiredImages from Pixabay The National Economic and Development Authority (NEDA) Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved the unsolicited proposal to rehabilitate and operate Ninoy Aquino International...

Chelsea bags original proponent status for Davao port proposal

Aug. 26 | Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) has been granted the original proponent status (OPS) for its unsolicited proposal to modernize Davao Sasa Port. CLIHC said it has received the Certificate of Successful Negotiation dated August...

MM infra projects to trim transport cost by nearly P1.4B daily by 2022

Aug. 13 | Mid-morning traffic on Roxas Boulevard in Manila. Once transport projects worth P2.8 trillion in Metro Manila are completed, they will not only reduce traffic but will also cut transport cost from P3.5 billion per day in 2017 to P2.13 billion per day...

PH economy slows to 5.5% in Q2

Aug. 8 | The Philippine economy grew 5.5% in the second quarter of 2019, its lowest growth in 17 quarters, and softer than the 5.6% growth recorded in the first quarter of 2019, according to the Philippine Statistics Authority. The weak performance is due to the...