Business News
Business News
Debt-to-GDP ratio in 2nd qtr at 62.1%
The national government’s outstanding debt-to-gross domestic product (GDP) ratio slightly eased to 62.1 percent as of June 2022, according to data posted by the...
Business News
State bank loans to agri hits P258B
The Land Bank of the Philippines said its loans to the agriculture sector is now at P257.7 billion as of the first half of...
Business News
DBM releases P2B financial support
The Department of Budget and Management (DBM) yesterday approved the release of P2 billion to assist individuals and families in difficult circumstances.
In a statement,...
Business News
Stocks rise on GDP report, peso down to 55.595:$1
Share prices ended higher Monday after it was reported the economy expanded by 7.4 percent in the second quarter.
The Philippine Stock Exchange index (PSEi) was up...
Business News
TWO QUARTERS IN A ROW: Agri output contracts
The country’s agriculture production went down 0.6 percent in the second quarter of the year, pulled by the crops and fisheries subsectors, according to the Philippine Statistics Authority...
