The Monetary Board decided to close the window for the submission of applications from new digital banks, including converting banks, starting 31 August 2021. This is in line with the overall...
Only by democratizing the International Labor Organization (ILO) can it truly set global labor standards to advance social and economic justice for the working people of the world, Labor Sec. Silvestre Bello III said on Sunday (Aug. 15).
By NG Seruela
International debt watcher Fitch Ratings affirmed on Monday (July 12) the Philippines’ “BBB” credit rating, which is one notch above the minimum investment grade, amid the COVID-19 pandemic.
In a...
Latest economic figures point to better economic performance for the second quarter of the year despite stricter community quarantine status, the Department of Trade and Industry - Board of Investments (DTI-BOI) said in a statement.
The World Bank’s Board of Executive Directors approved on June 24 a US$400 million loan to support reforms that will assist the Government of the Philippines in achieving a resilient financial...
Department of Trade and Industry (DTI) Secretary Ramon Lopez is optimistic that the Philippine economy will develop a positive growth in 2021.
In a public briefing on Monday (June 14), Sec. Lopez...
