Diokno: ‘A’ rating campaign to resume once recovery is on track
BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno said the government’s campaign to secure a long-coveted “A” credit rating will resume only if a recovery is seen next year.
Inflation likely quickened in July
INFLATION likely accelerated in July due to higher food prices and transport fares, but a cut in electricity rates and rollback in pump prices may have tempered the price pressures, according to analysts.
Trade row could make China change economic tack
BEIJING -- China’s efforts to reduce its reliance on debt and find a more sustainable route to grow its economy may be derailed by...
Corporate regulator loses a commissioner
SECURITIES and Exchange Commission (SEC) Commissioner Blas James G. Viterbo has resigned for health reasons, the SEC spokesperson said on Friday, cutting his seven-year...
More projects readied for NEDA Board’s first meeting for 2018
MORE BRIDGES across the archipelago, a video surveillance system for local governments as well as search-and-rescue helicopters are among priorities for consideration at the...
Philippine dollar reserves dip
By Luz Wendy T. Noble, Reporter
The country’s gross international reserves (GIR) slipped in January as the government paid debt and the value of the...
Business, education groups support August school reopening
SEVERAL business and education groups are urging the government to reopen schools on Aug. 24 as recommended by the Department of Education (DepEd).
BSP: Economy may shrink by 0.2%
THE Philippine economy would probably shrink by 0.2% this year, central bank Governor Benjamin E. Diokno said at the weekend, a day after President Rodrigo R. Duterte again extended the lockdown for Metro Manila by two more weeks to contain a novel coronavirus pandemic.
Dutertes’ influence seen to continue after elections
THE PHILIPPINES would likely see broad policy continuity after next year’s national elections as the family of President Rodrigo R. Duterte is expected to retain influence in policy making, Fitch Solutions Country Risk & Industry Research said.
Rules eased to boost MSME lending
THE Bangko Sentral ng Pilipinas (BSP) is implementing measures that will allow banks to continue providing credit for micro, small, and medium-sized enterprises (MSMEs) that are struggling amid the coronavirus disease 2019 (COVID-19) pandemic.
Full liberalization of RE market sought
THE INCOMING Marcos administration should consider the full liberalization of the renewable energy (RE) sector as part of the government’s efforts on climate change mitigation, Socioeconomic Planning Secretary Karl Kendrick T. Chua said on Monday.
Digital gap between rich and poor PHL cities persists
NEARLY a million Filipinos in rural areas do not have access to digital connections, as most cell towers are located in wealthy cities, according to an analysis by Asian Development Bank (ADB) and Thinking Machines Data Science, Inc.