ADB sees PH expanding with the quickest growth rate in Southeast Asia

calendar_today December 18, 2023 schedule 3 min read

The Philippines is expected to have the fastest growth rate in Southeast Asia, but the Asian Development Bank (ADB) has maintained its economic growth projections for both this year and next. The international lender stated in its December Asian Development Outlook reports that it anticipates the Philippine economy to grow by 5.7 per cent this […]

Economy, News

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

calendar_today November 17, 2023 schedule 3 min read

At its recent meeting on monetary policy, the Philippine Monetary Board decided to keep the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) Rate unchanged at 6.50 percent. Accordingly, the interest rates on the overnight deposit and lending facilities will be maintained at 6.0 percent and 7.0 percent, respectively. IMAGE CREDIT: https://www.outsourceasia.org/ The latest […]

GDP growth

ADB sees PH expanding with the quickest growth rate in Southeast Asia

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