September inflation likely within 5.3%-6.1% range — BSP
Philippine annual inflation in September is expected to settle within the range of 5.3% to 6.1%, the central bank said on Friday, ahead of...
Uncertainty hounds PHL economic recovery
MOST economies in the Asia Pacific are seeing an early recovery, except for the Philippines and Indonesia which are facing continued uncertainty due to their struggles in containing the coronavirus disease 2019 (COVID-19) pandemic, Moody’s Analytics said.
Food firms scramble to contain bird flu scare
By Janina C. Lim
Reporter
THE Department of Agriculture’s (DA) announcement last Friday of the country’s first avian influenza outbreak in a poultry farm in San...
PHL banks prepared to withstand ‘shocks’ — BSP
THE PHILIPPINE banking sector is ready to withstand possible shocks arising from the recent failure of two midsized banks in the United States, the...
FIST measure hurdles Senate committee
THE Senate Committee on Banks and Financial Intermediaries on Monday approved the measure that will allow financial institutions to offload bad loans to asset management companies.
PHL up a spot in corruption index but score remains low
THE PHILIPPINES saw its ranking improve one spot in a global corruption index by watchdog Transparency International, although its score remained at record low.
GDP growth seen picking up this year
AFTER a projected slowdown in 2019, the Philippine economy is expected to grow faster this year due to strong government spending, but may still fail to meet the official target amid domestic and external headwinds.
Poll: Inflation likely picked up in Feb.
INFLATION may have quickened slightly in February due to higher food prices, which was likely offset by lower utility and oil prices amid the coronavirus disease 2019 (COVID-19) outbreak and subsiding risks from the Taal Volcano eruption.
Diokno wants local gov’t units to tap Mandanas funds for agriculture
THE NATIONAL Government is hoping local government units (LGUs) will channel their expanded budgets into raising agricultural output, Finance Secretary Benjamin E. Diokno said.
Inflation likely eased in April — poll
INFLATION likely further eased in April amid lower food prices, electricity rate cuts, and favorable base effects, analysts said.
BSP raises P70B in 28-day bills
By Beatrice M. Laforga, Reporter
The Philippine central bank raised P70 billion in short-term securities on Friday due to strong liquidity.
The Bangko Sentral ng Pilipinas...
Despite Omicron threat: 2022 growth goals within reach — BSP
THE ECONOMY is still well-placed to grow within target this year as the Omicron variant is expected to be a risk to the economic outlook in the short term, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno.