ADB sees PH expanding with the quickest growth rate in Southeast Asia
The Philippines is expected to have the fastest growth rate in Southeast Asia, but the Asian Development Bank (ADB) has…
Economy
Found 203 posts in Economy
BSP predicts overall BOP to post surpluses in 2023-2024 as current account deficit narrows
The Monetary Board has approved the new set of 2023 and 2024 balance of payments (BOP) projections during its December…
BSP names 9 outstanding partners in the Visayas
The Bangko Sentral ng Pilipinas (BSP) recently named nine outstanding institutional partners of its Visayas Regional Office (VRO) and Branches…
ADB report on alternative accommodations sees expanding potential for substitute lodging in PH
A report from the Asian Development Bank (ADB) entitled “Alternative Accommodations in Southeast Asia” revealed that there is now a…
US$400 million ADB loan to boost Philippines’ revenue mobilization
The Asian Development Bank (ADB) has approved a US$400 million loan to help the Philippines achieve its medium-term fiscal strategy…
Monetary Board maintains policy settings, sees moderated PH inflation outlook over the horizon
At its recent meeting on monetary policy, the Philippine Monetary Board decided to keep the Bangko Sentral ng Pilipinas (BSP)’s…
Fitch affirms PH’s ‘BBB’ credit rating and ‘Stable’ outlook
Fitch Ratings has affirmed the Philippines’ “BBB” credit rating, which is a notch above the minimum investment grade, and has…
BSP joins the celebration of National Statistics Month
The Bangko Sentral ng Pilipinas (BSP) joined the celebration of the 34th National Statistics Month (NSM) last October by conducting…
Tech adoption in the agri sector highlighted at Digital Pilipinas roundtable
Drone tech to boost PH agricultural competitiveness The exponential growth of the global agritech market, expected to surpass US$ 46,372.5…
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…
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…
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…