Consumer loans continued to expand in October this year but at a slower pace of only 22.8 percent from 23.5 percent in September, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday.
Department of Transportation (DOTr) Secretary Jaime J. Bautista has found a shortcut addressing the multimillion backlog in driver's license woes and put an end to a saga occasioned by an ongoing court injunction.
Latest Bangko Sentral ng Pilipinas (BSP) data boost the likelihood the monetary authorities will keep the rate at which they lend to or borrow from the banks where they stood two weeks earlier when the policy-making monetary board (MB) announced an off-cycle adjustment.
Local output expansion measured as the gross domestic product (GDP) is forecast to reaccelerate in the third quarter and average at least 5.1 percent, analysts at Moody's Analytics said on Monday.
The interagency Development Budget Coordination Committee (DBCC) is sanguine of revenue as percent of local output expansion, measured as the gross domestic product (GDP), exceeding this year's target and equal at least 15.7 percent of GDP.
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.
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.
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.
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.