Why 2026 is poised to be another rocky year for global trade
THE global trading system, which is finishing up one of its most transformational years of the past century, heads into another facing more challenges...
P6.1-T infrastructure projects eyed in Luzon
THE GOVERNMENT is eyeing P6.1 trillion worth of flagship infrastructure projects in Luzon, Finance Secretary Benjamin E. Diokno said on Monday.
During the Philippine economic...
Nomura slashes Philippine growth forecast amid graft scandal
PHILIPPINE ECONOMIC GROWTH may slow to 4.7% this year, as government spending is expected to further decline amid the corruption investigation in infrastructure projects,...
Governments urged to utilize education tech to address skills gap
COUNTRIES should increasingly use education technology (EdTech) to better prepare its workers who are facing increasing risk of job loss due to rapid technological...
Aug. inflation fastest in over 2 years
THE OVERALL year-on-year increase in prices of widely used goods accelerated to its fastest pace in 32 months in August, driven by higher food and utility prices amid the stricter lockdown, the statistics agency said on Tuesday.
Jumbo RRR cut seen to inject over P300 billion into economy
By Luisa Maria Jacinta C. Jocson, Reporter
MORE THAN P300 billion could be released into the Philippine economy after the central bank slashed the reserve...
Philippine banks still in ‘good shape’ despite oil crisis — Remolona
WASHINGTON, D.C. — Several Philippine banks have flagged concerns about their capital levels, but the broader financial system remains in “very good shape” despite shocks stemming from the Middle East conflict, the Bangko Sentral ng Pilipinas (BSP) said.
Marcos removes cap on rice prices
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday said he has lifted the cap on rice prices, a month after it was imposed to temper inflation.
Study finds Philippines’ talent competitiveness eroded
THE PHILIPPINES’ ability to develop, attract and retain highly skilled professionals worsened in 2018 due to a persistent job-skills mismatch despite increasing investments in education, according to the annual survey of Switzerland-based business school International Institute for Management Development’s (IMD) research arm.
BSP launches sustainability agenda
THE BANGKO Sentral ng Pilipinas (BSP) on Thursday launched its 11-point sustainable central banking (SCB) agenda as it seeks to mitigate climate risks by...
Philippine central bank warns oil at $100 may trigger rate hike
BANGKO SENTRAL ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said oil reaching $100 per barrel could force monetary policy tightening as inflation could...
DoF eyes temporary zero tariffs on rice
THE DEPARTMENT of Finance (DoF) is proposing to temporarily slash the tariff rates for rice imports to zero to curb the spike in retail prices of the national staple.