Recto secures P15-B from France to accelerate PH climate actions

Manila, June 2 -- Finance Secretary Ralph Recto secured 250 million euros (PHP15.79 billion) concessional funding from France, through the Agence Francaise De Developpement (AFD), to help advance the ... Read More

Trade gap narrows in April

Manila, May 30 -- The country's trade deficit narrowed by over 26 percent in April this year as exports grew while imports declined. Data released by the Philippine Statistics Authority (PSA) on Frid... Read More

Producer price index growth slows in April

Manila, May 30 -- The growth of the producer price index (PPI) for manufacturing slowed to 0.1 percent in April this year from 0.6 percent in March, the Philippine Statistics Authority (PSA) said Frid... Read More

New law to encourage ordinary Filipinos to invest in capital markets

Manila, May 30 -- Finance Secretary Ralph Recto said the enactment of Republic Act (RA) 12214 or the Capital Markets Efficiency Promotion Act (CMEPA) would encourage ordinary Filipinos to invest in th... Read More

Converge to open 2 new data centers this year

Manila, May 30 -- Fiber broadband and technology services provider Converge ICT Solutions Inc. said it is on track to activate two new data centers and two international cable systems this year. "Thi... Read More

BSP projects May 2025 inflation at 0.9% to 1.7%

Manila, May 30 -- The Bangko Sentral ng Pilipinas (BSP) is projecting May 2025 inflation to settle within the 0.9 percent to 1.7 percent range. If the lower end of the projection is realized, the inf... Read More

PH banks total assets up by over 7% in March

Manila, May 20 -- Total assets of the Philippine banking sector went up by over 7 percent as of end-March this year. Data released by the Bangko Sentral ng Pilipinas (BSP) showed that the total asset... Read More

P134.4-M worth of uncertified electrical products seized

Manila, May 20 -- The Department of Trade and Industry (DTI) said PHP134.4 million worth of uncertified and potentially dangerous electrical and electronic products have been seized since 2023. In a ... Read More

PH one of fastest growing economies in Asia - HSBC Philippines

Manila, May 20 -- HSBC Philippines continues to be optimistic on the Philippine economy's growth prospects, noting that the country is one of the fastest growing in the region. "I know the Q1 (first ... Read More

Stocks slip, peso moves sideways

Manila, May 20 -- Philippine shares dropped anew on Tuesday as investors opted to scale back their holdings, while the peso moved sideways. The Philippine Stock Exchange index (PSEi) dropped by 1.85 ... Read More

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