The widening of the trade gap caused the country’s current account deficit (CAD) to more than double in the Sentral ng Pilipinas (BSP).

THE Philippines has secured a new $30 million-worth loan for public–private partnership (PPP) projects from the Asian Development Bank (ADB).

MORE expensive food items may have increased inflation in October compared to September, according to the Bangko Sentral ng Pilipinas (BSP).

THE Philippine economy stands to lose as much as 18.1 percent of its GDP by 2070 under a “high-emissions scenario” that could worsen the impact of climate change in the country, according to the Asian Development Bank (ADB).

THE Philippines could become the world’s 28th largest economy in five years, its growth driven by recent reforms and its demographic dividends, according to an economist from HSBC.

THE Philippine Health Insurance Corp. (Philhealth) has lifted its “Single Period of Confinement” policy and now allows members to be readmitted for the same illness when it recurs.

THE Bureau of Internal Revenue (BIR) disclosed that the Department of Justice found probable cause in two ghost receipt cases filed against corporate officers accused of violating the National Internal Revenue Code (NIRC).

HOT money inflows nearly doubled in September on the back of increased investments in peso government securities and stocks, bonds and derivatives listed on the Philippine Stock Exchange (PSE), revealed the latest data from the Bangko Sentral ng Pilip...

THE country’s domestic liquidity in July recorded its fastest growth in nine months, according to preliminary data of the Bangko Sentral ng Pilipinas (BSP).

By Cai U. Ordinario @caiordinario

HIGH commodity prices and lower incomes have turned the consumer sentiment in the Philippines negative for the first time in 13 quarters, according to the latest data released by the Bangko Sentral ng Pilipinas (BSP).

IF the Philippines continues its growth momentum, Global Source Partners believes the country may again be primed for a credit ratings upgrade.

DESPITE the double-digit growth in exports and imports, economists attributed the country’s latest trade performance to base effects.

THE International Monetary Fund (IMF) has recognized the efforts of the Philippine government to be delisted from the gray list of the Paris-based Financial Action Task Force’s (FATF).

Brisk demand for commercial vehicles buoyed the performance of the local automotive industry in January to May, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA).

The Monetary Board has approved the cancellation of the central bank registration of Foreignex Inc. to operate as money changer or foreign exchange Dealer, according to the Bangko Sentral ng Pilipinas (BSP).

TWO years after the enactment into law of the Excellence in Teacher Education Act, the Philippine Business for Education (PBEd) said the government has failed to set up the Teacher Education Council (TEC).

THE Home Development Mutual Fund or Pag-IBIG Fund has made its fourth disbursement to the Pambansang Pabahay para sa Pilipino (4PH) Program, according to the Department of Human Settlements and Urban Development (DHSUD).

THE Asian Development Bank (ADB) is looking to finance at least $3 billion worth of transportation projects in its pipeline projects until 2028.

TBILISI, Georgia—The Association of Southeast Asian Nations Plus three (Asean+3) Finance Ministers and Central Bank Governors expect the region to contribute nearly half of global growth until 2030.

TBILISI, Georgia—The Bangko Sentral ng Pilipinas (BSP) is not keen on imposing immediate sanctions on banks that will fail to comply to the Sustainable Finance Taxonomy Guidelines (SFTG).

REMITTANCES sent home by overseas Filipinos abroad continued to increase in February 2024 but their savings and investments remained at pandemic levels, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

FOREIGN borrowings approved by the Monetary Board declined 48 percent in the first quarter of 2024, according to the Bangko Sentral ng Pilipinas (BSP).

WHOLESALE rice prices jumped 31.2 percent in March 2024, according to the latest data released by the Philippine Statistics Authority (PSA).

AS the demand for semiconductors turned a corner, the country’s export earnings posted a 16-month high in February 2024, according to the latest data released by the Philippine Statistics Authority (PSA).

VULNERABLE groups such as women and young Filipinos dropped out of the labor force in February 2024 due to household duties and schooling, according to the latest data released by the Philippine Statistics Authority (PSA).

HIGH inflation that could result from extreme weather events and pricey logistics costs prompted the Asian Development Bank (ADB) to reduce its growth expectations for the Philippines this year.

FOREIGN and domestic debt obligations widened the government’s net external liability position in the third quarter of 2023, according to the Bangko Sentral ng Pilipinas (BSP).

TIME deposits of Filipinos led to an all-time high in Foreign Currency Deposit Units (FCDU) of banks as of December 2023, according to the Bangko Sentral ng Pilipinas (BSP).

CHALLENGES faced by nature-based solutions (NbS) for flood management prevent these from being implemented in the Philippines, considered by the OECD Development Center as the country with the highest disaster risk globally.

OVER 30 government housing projects are now undergoing various stages of construction, according to the Department of Human Settlements and Urban Development (DHSUD).

ECONOMIES in Asia and the Pacific region must invest in improved data systems to better manage the next pandemic and save lives, according to the Asian Development Bank.

GLOBAL uncertainties pushed foreign investors away from Philippine shores as Foreign Direct Investment (FDI) net inflows contracted in 2023, according to the Bangko Sentral ng Pilipinas (BSP).