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.

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.

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 ā€œto be within the government’s targetā€ by the third or fourth quarter of 2023...

PH economy improves by 7.6% in 2022, beats targetĀ 

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...

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