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.
Social media giants rally behind DICT, Digital Pilipinas in cybersecurity program
Four of the most popular and influential social media platforms have rallied behind the Department of Information and Communications Technology (DICT) and its bid to ramp up awareness of the perils presented by cyber criminals in the digital space.
China wind farm equipment manufacturers look to seal $4-billion investment bid by yearend
The Board of Investments (BOI) is sanguine on the successful conclusion of negotiations with two Chinese wind farm equipment and component manufacturers who look to invest $2 billion each in their proposal to make the Philippines a manufacturing hub.
