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…
BSP cites inflation targets and opportunities for investment in Islamic banking and finance sector
In a recent dialogue with the country’s top economic managers held at Doha in Qatar last September 10, entitled “PH…
Diokno supports BIR plan to tax online retailers, says taxing them will promote “fairness”
The days of cheaper purchases from online stores could soon be over! This came about after Finance Secretary Benjamin Diokno…
BSP ushers in a new era of digital innovation on its 30th year
In its 30th year, the Bangko Sentral ng Pilipinas (BSP) has reaffirmed its commitment to adopt global central banking standards…
Philippine stock market falls into the red, defies rising trend in the region
by Jan Michael Carpo, Reporter Yesterday, the Philippine stock market defied the upward trend in the region by falling further…
DBP announces completion of P1-billion interest rate subsidy disbursement to LGUs
A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank has already completed…
Marcos says government services need to be immediately digitalized in his 2nd SONA
President Ferdinand Marcos Jr. praised his administration’s push for digitalization recently, saying that government organizations must make sure that “their…
Headline inflation in PH eases further to 5.4 percent in June this year
This year’s headline inflation decelerated further to 5.4 percent year-on-year in June from 6.1 percent in May, settling near the…
PH to become fastest-growing country in ASEAN, sound banking system to aid in recovery
“The Philippines’ economic prospects are bright. We will probably be the fastest-growing country in the ASEAN region in the next…