Over 40% of jobs worldwide exposed to AI disruption – IMF
Artificial intelligence (AI) will be a boon or bane to 40% of jobs around the world according to the International…
FSCC to prioritize strengthening of the corporate bond market in 2024
Strengthening the corporate bond market is high on the list of priorities of the Financial Stability Coordination Council (FSCC) in…
PH economy grew faster in Q3, but net external liability position reached US$50-B in September
The Bangko Sentral ng Pilipinas (BSP) has just released a media advisory announcing the results of the country’s latest economic…
BSP cites price stability, digitalization, and financial inclusion initiatives at PEB in Iloilo
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said the central bank’s strategy to support sustained economic growth…
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…
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…