Economy
PH tops 2023 GDP forecast in Asia
President Ferdinand Marcos Jr. announced on Thursday, April 20, that the Philippines ranked first in Asia in the 2023 gross domestic product (GDP) forecast released by the International Monetary Fund (IMF).
Economy
PH debt hits P13.75-T in end-Feb 2023
The country’s total outstanding debt reached P13.75 trillion as of the end of February this year, an increase of 0.4% from the previous month primarily due to the net issuance of domestic securities, the Bureau of Treasury (BTr) said on Thursday, March 30.
Economy
Overseas Filipinos’ January personal remittances up by 3.5% to $3.1-B
By Katrina Gracia Consebido Overseas Filipinos (OFs) sent over $3.7 billion in personal remittances in January 2023, up by 3.5%, the Bangko Sentral ng Pilipinas (BSP) said. According to the BSP, land-based workers...
Economy
Ilocos Region inflation rate down to 8.3% in Feb
The inflation rate in the Ilocos Region has declined from 9.3 percent in January this year to 8.3 percent in February.
Economy
NEDA board OKs 194 infra projects
The National Economic and Development Authority (NEDA) board on Thursday, March 9, approved 194 high-impact priority projects under the Infrastructure Flagship Projects (IFPs) and amendments to the 2013 Joint Venture (JV) Guidelines.
Economy
BSP official: PH inflation to be within gov’t’s target by 4Q of 2023 to 2024
By Katrina Gracia Consebido A Bangko Sentral ng Pilipinas (BSP) official said the Bank expects the country’s inflation “to be within the government’s target” by the third or fourth quarter of 2023...