Economy Archive

PH tops Asian Export growth in last seven years. Beats India, South Korea and China by large margin. Foreign investments, structural reforms boost GDP.

The Philippines tops in export. * * * * * * * * * * *

Rate adjustments deferred by BSP. Domestic economy stable enough to sustain inflation. Excise tax under CTRP also being staggered.

BSP defers rate changes. * * * * * * * * * * * *

Chinese eyes on Benham Rise. Underwater landmass is rich in minerals. Proved by UN as part of the Philippines since 2012.

Benham Rise cannot be claimed by the Philippines. * * * * * * * *

Exports riding a promising period: NEDA Chief. Global recovery fuelling these trends. 22.5% spurt in exports in January.

Exports on the rise. * * * * * * * * * * * *

Reforms to boost Exports: Philexport. Middle-income economy by 2022. High-income economy possible by 2040.

Reforms in Exports to push economy. * * * * * * * * * *

Sugar allocation for the US reduced. PH third largest supplier of Sugar to the US. Uncertainty over US import priorities.

Sugar exports to the US to be lower.. * * * * * * * *

China upgrades renminbi. Importance of dollar eroded. 11 currencies added to basket of 13

China strengthens currency basket. * * * * * * * * * * * *

Philippines slated to become ‘next Hawaii’. Japanese gambling magnate setting up shop here. Targeting the vast Chinese tourist industry

gambling investors arriving. * * * * * * * * * * * * *

Junket tycoon Jack Lam ordered arrested Non-payment of taxes on online collections from abroad Also accused of trying to bribe officials

Junket tycoon Jack Lam ordered arrested. * * * * * * * * * *

OPEC-14: Now, cuts by non-OPEC producers 558,000 barrels a day to be cut

Non-OPEC producers to support OPEC. * * * * * * * * * * *