Category: Economy

calendar_today November 17, 2023 schedule 3 min read

Monetary Board maintains policy settings, sees moderated PH inflation outlook over the horizon

At its recent meeting on monetary policy, the Philippine Monetary Board decided to keep the Bangko Sentral ng Pilipinas (BSP)’s…

Tags

BSP, external forecasters, GDP growth, inflation outlook, monetary policy, Philippine Monetary Board, Target Reverse Repurchase

By Ralph Fajardo

calendar_today November 13, 2023 schedule 2 min read

Fitch affirms PH’s ‘BBB’ credit rating and ‘Stable’ outlook

​Fitch Ratings has affirmed the Philippines’ “BBB” credit rating, which is a notch above the minimum investment grade, and has…

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BBB’ credit rating, Fitch Ratings, investment grade, macroeconomic stability, sound economic policies, stable outlook

By Ralph Fajardo

calendar_today November 6, 2023 schedule 2 min read

BSP joins the celebration of National Statistics Month

The Bangko Sentral ng Pilipinas (BSP) joined the celebration of the 34th National Statistics Month (NSM) last October by conducting…

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advancements in technology, analytics, BSP, financial statistics, National Statistics Month, PSA, public information campaign, relevant statistics

By Ralph Fajardo

calendar_today October 31, 2023 schedule 4 min read

Tech adoption in the agri sector highlighted at Digital Pilipinas roundtable     

Drone tech to boost PH agricultural competitiveness  The exponential growth of the global agritech market, expected to surpass US$ 46,372.5…

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AgriDOM, Agritech, Digital Pilipinas, digitalization, Economic development, fintechs, food security, global digital economy, precision agriculture

By Ralph Fajardo

calendar_today October 25, 2023 schedule 2 min read

World Bank says exports of digital services could aid in the economic growth of the Philippines

According to the World Bank, encouraging the expansion of digital service exports can aid the Philippines in overcoming its development…

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development issues, digital connectivity, digitally traded services, economy, GDP, global value chain, World Bank

By Ralph Fajardo

calendar_today October 5, 2023 schedule 5 min read

IMF completes “2023 Article IV mission” to PH, sees growth bouncing back to 5.3% by year-end

A team of experts from the International Monetary Fund (IMF) led by Mr. S. Jayanath Peiris recently conducted a series…

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bilateral consultation, economy, financial developments, GDP, GOCCs, IMF Article Mission, inflation risks, Medium-Term Fiscal Framework, monetary tightening

By Ralph Fajardo

calendar_today October 2, 2023 schedule 3 min read

ADB lowers its forecast for PH growth this year to 5.7% due to rising prices, outside challenges

By Jan Michael Carpo, Reporter The Asian Development Bank (ADB) has reduced its economic growth forecast for the Philippines in…

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ADB, ADB Outlook Report, economy, Gross Domestic Product, Growth forecast, reduced consumer demand, rising prices

By Ralph Fajardo

calendar_today September 28, 2023 schedule 3 min read

Diokno cites need for innovative financing to support physical and digital connectivity projects

Speaking during this year’s Asian Infrastructure Investment Bank (AIIB) Annual Meeting Flagship Event: Enhancing Connectivity in a Challenging World, Finance…

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AIIB, Build Better More, connectivity challenges, digital connectivity, Economic development, infrastructure underinvestment, Multilateral Development Banks

By Ralph Fajardo

calendar_today September 26, 2023 schedule 2 min read

UK to continue fintech alliance with PH, to work closely on reforms and sustainable financing

During a recent courtesy call to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr., British Ambassador to the Philippines…

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ASEAN Economic Reforms Program, BSP, financial technology, green financing, Prosperity Fund, regulatory reform, responsible digitalization, Sustainable finance

By Ralph Fajardo

calendar_today September 25, 2023 schedule 6 min read

Forum seeks to address sustainability challenges through collaborative actions and tech solutions

Digital Pilipinas conference discusses the pivotal role of ‘sustainabilitytech‘ in shaping a sustainable future According to the latest World Economic…

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carbon emissions, Digital Pilipinas, sustainabilitytech, Sustainable finance, Transnational Diversified Group, World Economic Forum

By Ralph Fajardo