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Thursday, April 18, 2024

Economy & Trade

CAB maintains fuel surcharge

The Civil Aeronautics Board (CAB) said the passenger and cargo fuel surcharge levels will remain unchanged for May 2024, the third consecutive month at Level 6 It said in an advisory passenger and cargo fuel surcharges for domestic and international flights would be at level 6 from May 1 to May 31, or the same rate in April. Under Level 6 of the passenger fuel surcharge matrix, airlines are allowed to...

DBM reaffirms commitment to robust economic growth

Department of Budget and Management (DBM) Secretary Mina Pangandaman reaffirmed the government’s...

Semiconductors drove exports growth in February –DTI

The robust upturn in the semiconductor industry supported the 15.7-percent growth in...

US firm NanoForge plans to invest in coco filter manufacturing facility

Department of Trade and Industry (DTI) Secretary Alfredo Pascual said Wagmi Solutions...

LATEST Economy & Trade

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US inflation accelerated to 3.5% in March, dampening interest rate cut hopes

Washington—US consumer inflation continued to accelerate last month, according to government data published Wednesday, reducing the chances of an early interest rate cut from...

February exports, imports surged

Philippine exports and imports surged in February 2024, marking their fastest growth in 16 months, according to the Philippine Statistics Authority (PSA). The PSA said...

ADB predicts stronger PH growth, slower inflation in 2024

The Asian Development Bank (ADB) predicted stronger economic growth for the Philippines this year and next, fueled by easing inflation, rising domestic demand and...

E-commerce roadmap to promote PH products

The Department of Trade and Industry (DTI) discussed the strategies to implement the E-Commerce Philippines 2024-2028 Roadmap that aims to link local products to...

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