BSP sees November inflation at 2.2-3%
By Luisa Maria Jacinta C. Jocson, Reporter
Headline inflation may have accelerated in November but still remained within the 2-4% target band, the Bangko Sentral...
NEDA says 2024 growth target ‘still achievable’
The Philippines can still achieve its 6-7% gross domestic product (GDP) growth target this year, National Economic and Development Authority (NEDA) Secretary Arsenio M....
PSE sets P120-billion capital target
THE Philippine Stock Exchange (PSE) is aiming to raise P120 billion in capital next year as it anticipates increased market activity.
Debt-to-GDP ratio unlikely to return to pre-pandemic level
THE PHILIPPINES’ debt-to-gross domestic product (GDP) ratio is unlikely to return to the pre-pandemic level as debt remains elevated in the medium term, the...
Peso slide to 60 is possible — Remolona
PHILIPPINE CENTRAL BANK Governor Eli M. Remolona, Jr. isn’t ruling out the possibility of the peso hitting a fresh record low of 60 to...
‘Business as usual’ for Cabinet amid political tensions, says Balisacan
THE NATIONAL Economic and Development Authority (NEDA) on Thursday said rising political tensions in the Philippines will have minimal, if any, impact on the economy.
PHL banking industry deposits hit P19.6 trillion
THE PHILIPPINE BANKING system’s total deposits hit P19.58 trillion as of end-September, data from the Bangko Sentral ng Pilipinas (BSP) showed.
NG swings to budget surplus in Oct.
THE NATIONAL Government’s (NG) fiscal position swung to a surplus in October, driven by a 23% jump in revenues, the Bureau of the Treasury (BTr) said on Wednesday.
Trump policies may hurt BPOs in Philippines
US PRESIDENT-ELECT Donald J. Trump’s protectionist policies could spell trouble for the Philippines’ business process outsourcing (BPO) sector, economists warned.
GlobalSource Country Analysts Diwa C....
PHL retailers urged to adapt to consumer preferences, AI
LOCAL RETAILERS should adapt to rapid digitalization, the growing use of artificial intelligence (AI), and changing consumer preferences to ensure sustained growth, industry players said.
Fed cites volatility, uncertainty as reasons to go slow on rate cuts
WASHINGTON — Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates,...
S&P raises PHL outlook to ‘positive’
S&P GLOBAL RATINGS affirmed the Philippines’ investment grade rating on Tuesday and raised its outlook to “positive” from “stable” to reflect the economy’s strong growth potential amid improved institutional strength on the back of “effective policy making.”