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DBS sees Philippine GDP growth easing this year

In its latest Economics Markets Strategy report on the Philippines titled “Phl: Still strong,” DBS economist Gundy Cahyadi said the country’s gross domestic product (GDP) growth would likely ease to 6.4 percent this year from the projected…

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PNOC eyes redevelopment of major assets

Lista MANILA, Philippines – State-run Philippine National Oil Co. (PNOC) is developing its major land assets from idle lands into various energy centers to boost is cashflow, its top official said. PNOC president Reuben Lista…

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Traffic, business and cars

Traffic starts to build in one of the Cebu City streets in this Dec. 17, 2016 photo. (CDN PHOTO/TONEE DESPOJO). With more new vehicles on the road, business leaders cite t…

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Good strides in retail

THE retail sector in 2016 continued to contribute significantly to the local economy, amid strong domestic consumption. According to the Philippine Statistics Authority (PSA), household…

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