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...

PH economy improves by 7.6% in 2022, beats target 

By Katrina Gracia Consebido   The Philippine gross domestic product (GDP) increased by 7.2% in the fourth quarter of 2022, bringing the full year GDP growth to 7.6%, the Philippine Statistics Authority (PSA)...

PH gross int’l reserves level rises to $96-B

By Katrina Gracia Consebido   The Philippines' gross international reserves (GIR) level rose to $96 billion as of end-December 2022 according to the Bangko Sentral ng Pilipinas (BSP). According to the BSP, the latest...

PBBM admin to continue aid provision as inflation quickens

The administration of President Ferdinand R. Marcos Jr. will continue the provision of cash transfers and fuel discounts as means to support vulnerable sectors in response to the impact of accelerating...

Inflation quickens to 7.7% in October

The Philippine inflation rate accelerated to 7.7% in October 2022 from the 6.9% last September, the highest since December 2008 according to the Philippine Statistics Authority (PSA).

Gov’t to make PH viable option for business: Marcos

The national government is unwavering in its commitment to make the Philippines a viable option for businesses for both local and foreign investors, President Ferdinand R. Marcos said Thursday, Oct. 20.

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