Economy

BSP highlights game-changing reforms during PHL economic briefing

The Bangko Sentral ng Pilipinas (BSP) has implemented game-changing reforms in monetary policy, payments system, financial inclusion, digitalization and sustainability to ensure a stronger and more inclusive Philippine economy. During Tuesday’s (April...

Euro zone inflation hits record 7.5% in March: Eurostat

The annual inflation in the eurozone accelerated to a record 7.5 percent in March, according to a flash estimate published on Friday (April 1) by Eurostat, the European Union's (EU) statistical office.

EO on economic recovery preparation for ‘new normal’: Palace

MANILA – The adoption of the 10-point policy agenda for the country’s economic recovery is not an “exit plan” solely from the coronavirus disease 2019 (COVID-19) pandemic, Malacañang said Thursday, March 24.

Gov’t adopts 10-point agenda for speedy economic recovery

MANILA – President Rodrigo Roa Duterte has directed the government departments and offices to adopt the 10-point policy agenda to hasten the recovery of the Philippine economy from the impact of the coronavirus disease 2019 (COVID-19) pandemic.

Unemployment down to 6.4% in January 2022

The country’s unemployment rate declined in January this year to 6.4% or to 2.93 million individuals, down from the 3.96 million data in January 2021 and below the 6.6% in December...

PH logs record-high FDI inflows at $10.5-B in 2021

The Philippines recorded its highest foreign direct investment (FDI) net inflows in 2021 amounting to USD10.52 billion, increasing by 54.2% from USD6.82 billion the previous year, the Bangko Sentral ng Pilipinas (BSP) reported Thursday (March 10).

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