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BSP forecasts February 2024 inflation between 2.8% and 3.6%

MANILA, Feb. 29 -- The Bangko Sentral ng Pilipinas (BSP) projects February 2024 inflation to remain within the government's target range. In a statement on Thursday, the BSP said headline inflation w... Read More


DTI eyes establishing vape certification facilities

MANILA, Feb. 29 -- The Department of Trade and Industry (DTI) is planning to establish vape certification facilities in the country as part of the government's heightened enforcement operations agains... Read More


Investment management firm sees higher PH econ growth in 2024

MANILA, Feb. 22 -- The government's 6.5 to 7.5 percent economic growth target for this year is attainable as the projected decline in interest rates will help boost consumption and investments, a top ... Read More


Recto pushes for LandBank, DBP charter amendments

MANILA, Feb. 22 -- Finance Secretary Ralph G. Recto has said the Department of Finance (DOF) is exploring the amendments to the charters of the Land Bank of the Philippines (LandBank) and Development ... Read More


BSP, PDIC sign revised deal on info exchange

MANILA, Feb. 21 -- The Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corporation (PDIC) have signed a revised memorandum of agreement (MOA) on information exchange. In a stat... Read More


PH, UK discuss possible areas of cooperation

MANILA, Feb. 21 -- Finance Secretary Ralph Recto recently met with United Kingdom (UK) Prime Minister's Trade Envoy to the Philippines Richard Graham and UK Ambassador to the Philippines Laure Beaufil... Read More


Economic team to integrate gov't efforts to attract more investments

MANILA, Feb. 20 -- The country's Economic Development Group (EDG) continues to harmonize efforts to further attract foreign investors to the Philippines, the National Economic and Development Authorit... Read More


117 PPP projects in pipeline

MANILA, Feb. 20 -- The Public-Private Partnership (PPP) Center currently has 117 projects worth PHP2.5 trillion in the pipeline for undertaking between the government and private sector. "This is as ... Read More


PH posts $740-M balance of payments deficit in January

MANILA, Feb. 20 -- The country's overall balance of payments (BOP) position posted a deficit of USD740 million in January 2024, a reversal from the USD3.1 billion BOP surplus recorded in the same mont... Read More


Maharlika Investment Corp. eyes investment in renewable energy

MANILA, Feb. 19 -- The Maharlika Investment Corporation (MIC), which governs the Maharlika Investment Fund (MIF), will likely make its first investment in the renewable energy sector by the end of the... Read More