The Bangko Sentral ng Pilipinas (BSP) and its partner the Japan International Cooperation Agency (JICA) have agreed to make permanent a jointly crafted program designed to facilitate ease of access to credit among small and medium enterprises (SME).
The Asian Development Bank (ADB) has approved a USD500 million policy-based loan aimed at advancing the country's public financial management (PFM) reforms and ensuring better public services for Filipinos.
The Bangko Sentral ng Pilipinas (BSP) has assured the public that it is continuing to produce fresh banknotes and coins in anticipation of the higher demand expected during the Christmas season.
The economic growth of Asia and the Pacific is expected to remain steady in 2024 and 2025, but significant uncertainties loom due to potential policy shifts under the incoming administration of U.S. President-elect Donald Trump, according to the latest report by the Asian Development Bank.