Friday, 24 October 2025, 3:24 am

    Jun Vallecera

    91 POSTS

    Consumer loans eases to 22.8 percent in October

    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.

    DOTr works around court injunction to eliminate driver’s license backlog by May next year

    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.

    BSP data suggests a stay in benchmark interest rate

    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.

    Moody’s unit forecasts lower 3Q expansion of only 5.1 percent

    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.

    Tax effort seen exceeding 2023 target

    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.

    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.
    spot_img