Moody’s unit projects slower 2Q expansion of only 6% in latest forecast
Moody’s Analytics, the data analysis and financial intelligence arm of the sovereign credit watcher Moody’s Investors Service, forecasts a moderate expansion of the economy...
IMF projects slower growth across ASEAN 5 this year
Growth across the ASEAN 5, which includes the Philippines, is forecast from last year’s estimated output of 5.5 percent to around 4.6 percent, according...
Foreign funds exited the country in the first six months
Opportunistic foreign-held portfolio investments were uprooted from placements in listed stocks and local currency-denominated securities in the first six months this year and repatriated...
Manila digital financial transactions some of the more compelling narratives in region – ADB
The Philippines owns one of the more successful programs in the digital transformation process of countries monitored by the Asian Development Bank (ADB).
According to...
e-wallets far more widespread in Phl than credit cards
The Philippines is well on its way to a cash-lite future as the number of Filipinos owning e-wallets like Maya and GCash far outnumber...
