BSP reassured that PH external debt remains within prudent levels
The Bangko Sentral ng Pilipinas (BSP) recently announced that despite additional borrowings, the country’s external debt ratios remained at manageable...
Category: Business
Govt’s budget recorded a surplus for the month of January
In January, the government marked an impressive budget surplus of P88 billion, nearly doubling the previous year’s surplus of P45.7...
PH is set for P56B allocated for upcoming wind projects
A leading German wind and solar farm developer, wpd GmbH, is planning to invest an additional P56 billion on top...
BSP instructed banks to recognize the validity of PhilSys ID
The Bangko Sentral ng Pilipinas (BSP) has once again directed banks and other BSP-supervised financial institutions (BSFIs) to prioritize the...
China pledges to safeguard its companies
In a strong rebuke to the United States, China has vehemently criticized a recently approved US bill that directly targets...
China’s growth shock anticipated to have a diminished effect
Fitch Ratings Senior Director Duncan Innes-Ker stated that while a severe economic growth shock in China would impact the Philippines,...
A visit to Germany yields $4 billion in business deals
During Marcos’ working visit to Berlin, the Philippines secured investment deals worth over $4 billion or approximately P220 billion. These...
CAB noted a strong recovery in Philippine air travel in 2023
The Philippine air travel industry experienced a notable resurgence in 2023, reaching passenger levels comparable to pre-pandemic times, as reported...
FDI inflow continues to decelerate in 2023
In 2023, the Philippines experienced a second consecutive decline in the net inflow of foreign direct investments (FDI), reflecting global...
Fresh appointments have been declared for pivotal roles in national treasury and DOF
In a bid to fortify fiscal management, President Marcos has appointed seasoned economists to key positions within the Department of...
