Economy & Trade
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DTI seeks removal of tariffs on imported electric vehicles
The Department of Trade and Industry asked the Tariff Commission for the removal of tariffs on electric vehicles, regardless of...
US rate hikes straining Hong Kong’s economy
HONG KONG, China—Recent rate hikes from the Federal Reserve have come at a bad time for Hong Kong which, thanks...
Japanese firm to break ground on P40-b facility
Nidec Corp., a Japanese manufacturer of motors, motor parts and industrial equipment, will break ground on a P40-billion expansion facility...
PH economy grew 8.3% in first quarter
The Philippine economy grew by 8.3 percent in the first quarter from a year ago, a reversal of the 3.8-percent...
FDI net inflows jumped 46.3% to $893m in February — BSP
Net inflows of foreign direct investments jumped 46.3 percent in February to $893 million from $611 million a year ago,...
Factory production surged 336% in March
The manufacturing sector posted a substantial year-on-year growth both in volume and value in March, as the economy reopened further...
China’s April inflation rose on virus jump
BEIJING, China—China’s consumer inflation rose at its quickest pace in nearly half a year, official data showed Wednesday, reflecting the...
US firm obtains incentives on Hanjin shipyard project
The Fiscal Incentives Review Board chaired by Finance Secretary Carlos Dominguez III approved the grant of tax incentives to the...
Indonesia economy grew 5% in first quarter
JAKARTA, Indonesia—Indonesia’s economy maintained steady growth in the first quarter of 2022 despite global tensions, official data showed on Monday,...
Global oil price surge, disease outbreaks to lift inflation further
The Department of Finance said the economy continues to face inflationary pressures from both food and non-food items amid the...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.