Economy

FSCC assesses global risks; takes next steps to fuel further recovery

The Financial Stability Coordination Council (FSCC) crafted its 2022 work program designed to further the country’s growth and make the financial system even more resilient, after reviewing the emerging global risks...

The Philippines’ external debt ratios remain at prudent levels in the third quarter of 2021

Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno announced that the Philippines’ outstanding external debt remained at a prudent level as its ratio to Gross Domestic Product (GDP) recorded at 27.3...

More Filipino women into online selling but male sellers earn more, study finds

More Filipino women are engaged on different online selling platforms compared to men but male sellers earn more. This is according to a study conducted by the Philippine Institute for Development Studies (PIDS) and released on Wednesday, Dec.8.

World Bank PH economy growth forecast up to 5.3%

As more businesses and establishments reopen amid a decline in COVID-19 cases, the World Bank has projected that the Philippine economy will grow faster.

DOF embarks on digitalization programs to improve services, decision making

The Department of Finance (DOF) under Secretary Carlos Dominguez III has beefed up its digitalization initiatives, which include facilitating trade online and making the filing of tax exemptions more convenient to better serve the public and improve its oversight functions and policy-making processes.

Foresight planning, innovation to drive country’s long-term development —NEDA

The National Economic and Development Authority (NEDA) said that in order to attain the AmBisyon Natin 2040, the government needs to continuously innovate and make its systems more resilient against future crises through foresight planning.

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