Thursday, 23 October 2025, 10:47 pm

    Jun Vallecera

    91 POSTS

    December inflation proves lower than forecast and slows to only 3.9 percent

    Inflation, or the rate of change in prices, slowed to only 3.9 percent in December from 4.1 percent the previous November, according to the Philippine Statistics Authority.

    GoTyme Bank rounds 2023 with P10 billion in deposits

    "A shoutout to all you wonderful humans out there. Domo arigato to our GoTyme Bank colleagues for reaching 2 million customers and 10 billion pesos in deposits in 14 months!" the executive at one of the country's largest conglomerates said in his social media account, LinkedIn.

    Ph creditworthiness deteriorates in 3Q

    The country’s creditworthiness as measured by its net external liability position deteriorated some more in the quarter ending September 2023 to USD50 billion from USD49.6 billion three months earlier, the Bangko Sentral ng Pilipinas (BSP) said.

    Budgetary shortfalls programmed to steadily diminish over the next five years

    The budget deficit projected this year to equal 6.1 percent of local output measured as the gross domestic product (GDP) is seen steadily diminishing over five years when it rounds the period to only 3 percent of GDP, the Development Budget Coordination Committee (DBCC) said.

    ‘Left to its own, Ph economy is OK’

    Teresita Sy Coson, BDO chairperson, late on Wednesday said the Philippines should do well as a country next year even though it faces a number of challenges.

    Just in

    New rule mandates energy efficient purchases in gov’t

    The Inter-Agency Energy Efficiency and Conservation Committee has ordered all government offices to purchase only energy-consuming products (ECPs) that meet the Department of Energy’s (DOE) minimum efficiency standards. This move aims to promote energy savings and reduce public spending.

    PhilFIDA adopts PCA system to monitor abaca prices

    The Philippine Fiber Industry Development Authority (PhilFIDA) is set to use the Philippine Coconut Authority’s (PCA) daily price monitoring system to track abaca prices more effectively.

    Coffee growers propose allocation from tariff funds for coffee development

    Stakeholders in the Philippine coffee sector are urging the government to develop an updated roadmap to boost local coffee production, highlighting the country’s heavy reliance on imports.

    DENR to offer 50 mining assets for bidding

    The Department of Environment and Natural Resources (DENR) announced plans to offer at least 50 mining assets with expired or cancelled contracts for competitive bidding, starting as early as next month.
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