Business News
Business News
Stocks up on bargain-hunting
Share prices ended higher Wednesday on bargain hunting.
The peso closed down.
The Philippine Stock Exchange index (PSEi) was up 2.87 points or 0.04 percent to...
Business News
WESM power rates up 5%, supply drops 3%
Average price of electricity in the wholesale electricity spot market (WESM) in Luzon and Visayas for July billing month increased by almost 5 percent...
Business News
Growth slows to 7.4% in Q2
The economy posted a slower growth of 7.4 percent in the second quarter of the year, the Philippine Statistics Authority (PSA) reported yesterday.
The figure was...
Business News
Factory output grows 2.4%
The country’s factory output posted a 2.4 percent expansion in June, according to the Philippine Statistics Authority (PSA).
The PSA’s Monthly Integrated Survey of Selected...
Business News
Trade deficit widens in June
The country’s trade deficit widened to another record high level on a monthly basis in June as the value of imports continued to post...
