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THE country continued to post a Balance of Payments (BOP) deficit for the fifth consecutive month in August 2023, according to the Bangko Sentral ng Pilipinas (BSP).
The post August BOP widens to $57M on debt payments first appeared on BusinessMirror.

THE IT-BPM industry is on track to reach 1.7 million full-time employees (FTEs) by the end of 2023, despite the industry having “more demanding” job requirements for job seekers and graduates, IT and Business Process Association of the Philippines (IBP...

THE recent spike in inflation prompted the Asian Development Bank (ADB) to revise its growth forecast for the Philippines this year.
The post ADB lowers growth forecast on inflation hike first appeared on BusinessMirror.

THE Department of justice (DOJ) is set to form a task force to handle the investigation into the illegal activities of the so-called “Socorro cult” in order to protect the welfare of its minor victims.
The post DOJ forming task force for ‘Socorro cult’...

THE Europeans are coming! This was the assurance made by Romania’s Ambassador to the Philippines Raduta Dana Matache on Wednesday at a European Chamber of Commerce of the Philippines (ECCP) luncheon where tourism prospects in the Philippines were discu...

FRANCE has renewed its commitment to help in the ongoing Armed Forces of the Philippines Modernization Program (AFPMP), the Department of National Defense (DND) announced Wednesday.
The post France affirms support for AFP’s ongoing modernization progra...

The House Committee on Agriculture and Food on Wednesday approved an unnumbered substitute bill declaring large-scale agri-fishery commodities and tobacco smuggling, profiteering, cartelizing, and other acts of market abuse as economic sabotage.
The po...

Manila and local producers should address “supply side issues” and “capacity constraints” to enable exporters of durian and calamansi juice to increase their market share in China, according to Department of Trade and Industry (DTI) officials.
The post...

Halfway into the implementation of the 2030 Agenda for Sustainable Development, a lot of the progress made towards its food and agriculture-related targets has stagnated or reversed, according to a new report by the Food and Agriculture Organization of...

Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills.
The post Big emissions bills are coming for ships sailing in Europe first appeared on BusinessMirror.