BSP sees May 2024 inflation at 3.7% to 4.5%

MANILA, May 31 -- The Bangko Sentral ng Pilipinas (BSP) expects the May 2024 inflation to settle within the 3.7 to 4.5 percent range. "Continued increases in electricity rates and vegetable prices al... Read More

CREATE law attracts P1.1-T investments

MANILA, May 31 -- Big-ticket investments approved under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act has already reached more than PHP1 trillion as of April this year. In a ... Read More

LandBank, DSWD partner to deliver crisis aid

MANILA, May 29 -- Land Bank of the Philippines (LandBank) and the Department of Social Welfare and Development (DSWD) have signed an agreement for the faster delivery of financial relief to Filipinos ... Read More

BSP wins award for coin deposit machine project

MANILA, May 29 -- The Bangko Sentral ng Pilipinas (BSP) said on Wednesday it has received an award from the International Association of Currency Affairs (IACA) for its Coin Deposit Machine (CoDM) pro... Read More

Economist sees recovery in manufacturing in April

MANILA, May 29 -- The country's manufacturing output likely recovered in April from a contraction in March, an economist said. Rizal Commercial Banking Corporation chief economist Michael Ricafort to... Read More

NEDA, BPDA partner for impact evaluation of BARMM programs

MANILA, May 23 -- The National Economic and Development Authority (NEDA) and the Bangsamoro Planning and Development Authority (BPDA) recently signed an agreement to strengthen impact evaluation for p... Read More

Gov't records over P40-B budget surplus in April

MANILA, May 23 -- The national government recorded a PHP42.7-billion budget surplus in April this year, data from the Bureau of the Treasury (BTr) showed. The BTr, in its latest cash operations repor... Read More

PSA: Manufacturing output settles in March

MANILA, May 8 -- The country's manufacturing output both in volume and value declined in March this year, the Philippine Statistics Authority (PSA) said on Wednesday. Results of the latest Monthly In... Read More

March employment rate up at 96.1%, unemployment down at 3.9%

MANILA, May 8 -- The country's unemployment rate in March this year was estimated at 3.9 percent, lower than the recorded 4.7 percent in March last year, National Statistician Dennis Mapa said. In a ... Read More

PH records $103.4B foreign reserves in April

MANILA, May 8 -- The Philippines' gross international reserves (GIR) settled at USD103.4 billion as of the end of April this year, the Bangko Sentral ng Pilipinas (BSP). In a statement released late ... Read More

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