World

The economy contracts 11.5% in the third quarter

[ad_1] The Philippine economy remained in recession in the third quarter, as gross domestic product contracted 11.5%. – PHILIPPINE STAR / MICHAEL VARCAS The Philippine economy continued to contract for the third consecutive quarter, albeit at a slower pace compared to the second quarter, as lockdown restrictions were further loosened …

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Leading index rises to 7,000 level in vaccine hopes

[ad_1] COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. By Denise A. Valdez, Senior reporter THE BELLWETHER The Philippine Stock Exchange Index (PSEi) rose to the 7,000 level on Tuesday, reaching its highest level since February, as the positive development on a possible vaccine against the coronavirus disease 2019 (COVID-19) improved investor …

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