Economy may grow above 6 percent – Fitch Fitch
MANILA, Philippines — Fitch Ratings sees the Philippine economy growing above six percent over the medium term, enough to affirm the country’s investment grade BBB credit rating and stable outlook.
Lawrence Agcaoili latest news
Economist divided over BSP policy direction
MANILA, Philippines — Economists are torn over whether the Bangko Sentral ng Pilipinas (BSP) will deliver another rate hike or leave key policy rates untouched after the government released lower-than-expected inflation in October and stronger-than-anticipated economic expansion in the third quarter.
BSP shuts down another forex dealer
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of another foreign exchange dealer due to various violations of the rules and regulations governing money service business.
BSP on guard as Israel-Hamas war escalates
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is closely watching the impact of the ongoing war between Israel and Hamas on global economic growth, oil prices and the movement of the peso.
Banks cautioned vs digital vote buying, money laundering
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has cautioned banks and financial institutions against digital vote buying and vote selling as well as money laundering, ahead of the upcoming synchronized barangay and Sangguiniang Kabataan elections.
‘Philippines economy losing steam’
MANILA, Philippines — The Philippine economy is losing steam much faster than anticipated, prompting another foreign bank to slash the country’s gross domestic product (GDP) growth forecast this year.
DBM allots P705 million for bike program
MANILA, Philippines — The Marcos administration has earmarked P705 million to provide sustainable and active mobility in the country’s overall transportation system via the Active Transport Bike Share System and Safe Pathways Program.
DBM allots P705 milliona for bike program
MANILA, Philippines — The Marcos administration has earmarked P705 million to provide sustainable and active mobility in the country’s overall transportation system via the Active Transport Bike Share System and Safe Pathways Program.