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G7: COVID-19 recovery as top agenda

Patrick Semansky, Reuters/Pool
Posted at Jun 12 10:51 AM

The G7 summit got going in Britain with the COVID-19 pandemic recovery on top of the agenda, including a commitment to share 1 billion vaccine doses with poorer countries.  Read more »

Certain areas of economy 'resilient' despite pandemic: Filinvest CEO

ABS-CBN News
Updated as of Jun 11 11:44 AM

Office leasing that caters to multinational Business Process Outsourcing (BPOs), as well as the residential property business, is seeing a V-shape recovery, Filinvest Development Corp President and CEO Josephine Gotianun-Yap told ANC. Read more »

PH shares skip regional rally amid profit taking

ABS-CBN News
Posted at Jun 10 10:58 PM

Philippine shares snapped a two-day winning streak amid profit taking. Read more »

Effective implementation of Mandanas Ruling to help PH recovery: World Bank

Bruce Rodriguez, ABS-CBN News
Updated as of Jun 10 09:01 PM

The World Bank said the Ruling has the potential to improve government services across the country while ensuring a more stable and inclusive recovery from the health crisis. Read more »

PH shares close above 6,900 for the first time since March

ABS-CBN News
Posted at Jun 09 10:49 PM

The Philippine Stock Exchange Index closed above the 6,900 level for the first time since March. Read more »

Rotational brownout pinangangambahan sa patuloy na pagbubukas ng ekonomiya

ABS-CBN News
Posted at Jun 09 08:48 PM

Mananatiling mataas ang demand sa kuryente sa mga susunod na buwan kasabay ng unti-unting pagbubukas ng ekonomiya kaya naman pinangangambahang mangyari ulit ang rotational brownout sa Luzon.  Read more »

Philippines' April exports, imports rise at fastest pace in over a decade

ABS-CBN News
Posted at Jun 09 12:18 PM

Philippine merchandise imports grew a hefty 140.9 percent in April from a year earlier, while exports jumped 72.1 percent, both rising at their fastest pace in more than a decade, government data showed on Wednesday. Read more »

PH shares rise despite unemployment rise, lower growth forecast

ABS-CBN News
Posted at Jun 08 10:04 PM

Philippine shares continued their winning streak despite higher unemployment and a dimmer outlook on economic growth by the World Bank. Read more »

Mga Pinoy sa NCR na walang trabaho o kulang ang kita dumami noong Abril

ABS-CBN News
Posted at Jun 08 07:52 PM

Sa buong bansa, nanatili sa 8.7 percent ang unemployment rate noong Abril, pero ang underemployment rate ay 17.2 percent. Read more »

World Bank downgrades Philippine economic forecast to 4.7 percent for 2021

ABS-CBN News
Updated as of Jun 08 02:15 PM

The World Bank on Tuesday downgraded its Philippine economic forecast citing the resurgence in COVID-19 cases and reimposition of restrictions that could affect recovery this year.  Read more »

PH shares slip on profit-taking, foreign selling

ABS-CBN News
Posted at Jun 07 10:19 PM

Philippine shares fell ahead of the release of the country's employment and trade numbers this week.   Read more »

COVID-19 crisis makes electricity too costly for millions in Africa, Asia

Beh Lih Yi, Thomson Reuters Foundation
Posted at Jun 07 01:10 PM

The economic toll from the COVID-19 pandemic has left more than 25 million people in Africa and Asia unable to afford electricity, threatening a global goal to provide power to everyone by 2030, international agencies warned on Monday. Read more »

Inflation nakapako pa rin sa 4.5 percent nitong Mayo 2021

ABS-CBN News
Posted at Jun 04 08:29 PM

Nananatili sa 4.5 percent ang inflation rate o bilis ng pagtaas ng presyo ng mga bilihin, ayon sa PSA.  Read more »

PH shares fall to 6,791 as stocks succumb to profit-taking

ABS-CBN News
Posted at Jun 03 10:23 PM

After Wednesday's big jump, Philippine shares retreated due to profit-taking. Read more »

PH shares soar to highest level since early March

ABS-CBN News
Posted at Jun 03 12:42 AM

The Philippine Stock Exchange Index outperformed its Asian peers, as it soared to its highest level since early March.  Read more »

Australian economy recovers to pre-pandemic levels

Agence France-Presse
Posted at Jun 02 11:02 AM

Australia's economy has rebounded to pre-pandemic levels after growing a faster-than-expected 1.8 percent in the first quarter of the year as coronavirus restrictions eased.   Read more »

Monde Nissin debuts in PH stock exchange as country's biggest IPO

ABS-CBN News
Posted at Jun 01 10:37 PM

Philippine shares posted a flat finish even as trading volumes improve amid the landmark listing of food manufacturer Monde Nissin. Read more »

PH shares snap 4-day winning streak as investors await new quarantine classifications

ABS-CBN News
Updated as of May 31 10:26 PM

Philippine shares snapped their four-day winning streak ahead of the announcement of new quarantine classifications for June. Read more »

PH to start vaccinating economic frontliners starting June

ABS-CBN News
Posted at May 31 10:17 PM

The private sector bats for the easing restrictions for vaccinated individuals. Read more »

OECD sees higher world GDP growth but fears 'headwinds'

Eve Szeftel, Agence France-Presse
Posted at May 31 06:03 PM

The world economy will expand by 5.8 percent this year, up from a previous estimate of 5.6 percent, the Paris-based Organization for Economic Co-operation and Development said in a report. Read more »