Jetstar Asia to launch first direct flight from Clark to Osaka in March
January 26, 2018
Jetstar Asia announced on Friday a new direct service from Clark International Airport to Kansai International Airport in Japan. In a statement on Friday, March 17 2018, Jetstar Asia will operate three weekly services between Clark in Pampanga province and Osaka located in the Kansai region. Jetstar Asia
Philippines unsigned deal on EU’s aid offer due to “sovereignty language,” trade chief says
January 25, 2018
The Philippines did not sign the deal for the 6.1 million euros aid that European Union has been offering due to the “language” of the contract, particularly on “sovereignty,” an official said on Thursday. In a press briefing in India, Trade
Philippine stock index closes at new record
January 25, 2018
The Philippine Stock Exchange index finished at a new record on Thursday, a day after pausing following the release of slower 2017 growth figures. The index finished at 8,999.17, up 78.94 points. It surpassed the former all-time of 8,999.02 set
PSE Index steps back after record close, peso P51.021:$1
January 24, 2018
The Philippine Stock Exchange (PSE) Index retreated on Wednesday after a two-day record run. It finished down 78.79 points to 8,920.23. In the broader market, there were 115 decliners, 103 gainers and 40 issues unchanged. Volume reached 896.77 million worth
PSE Index ends at record for second straight day despite lower growth
January 23, 2018
Last-minute buying pushed the Philippine Stock Exchange Index to a record close for the second straight day on Tuesday. Despite slower growth reported for 2017 by the Philippine Statistics Authority, the index ended one point short of 9,000 points. The
Philippine economy grew at slower pace of 6.7% in 2017
January 23, 2018
The Philippine economy grew at a slower pace in 2017, registering a full-year growth of 6.7 percent, according to government data released on Tuesday. For 2016, gross domestic product expanded 6.9 percent. The inter-agency Development Budget Coordinating Council targeted GDP growth
Philippine economy to grow faster in 2018: Dominguez
January 23, 2018
Finance Secretary Carlos Dominguez III expects the economy to expand faster this year now that the Duterte administration’s programs to modernize public infrastructure and sustain the growth momentum have started falling into place. The additional revenue take from the Tax Reform for Acceleration
Philippines fourth quarter growth 6.6%, full year to 6.7%
January 23, 2018
The Philippine economy grew 6.6 percent in the fourth quarter, bringing the 2017 full-year average to 6.7 percent, the Philippine Statistics Authority (PSA) said Tuesday. Socioeconomic Planning Secretary Ernesto Pernia said this is a “strong finish that sustains our position
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