Top News
BSP raises interest rates again as inflation risks rise
The Bangko Sentral ng Pilipinas (BSP) has raised its key interest rate by 0.25 percentage points to 4.5%, along with increases in its lending and deposit rates. The move is aimed at slowing the rise in prices.
Group urges DOE to fully implement VAT exemption on local natural gas to lower power bills
A consumer advocacy group is calling on the Department of Energy (DOE) to quickly issue clear rules to enforce a new tax exemption that could help reduce electricity costs for consumers.
PH, Slovenia eye stronger energy ties, investment deals
The Board of Investments (BOI) said Wednesday it is ready to help build business partnerships between the Philippines and Slovenia, focusing on stronger and more reliable energy systems.
Fashion show marks Japan–Philippines friendship year
Japanese Ambassador Endo Kazuya and his wife, Akiko, attended the fashion show “Thread of Dreams,” co-hosted by BENCH/ and the Japan Foundation, Manila.
Sovereign keeps ‘BBB’ rating but outlook cut to negative — BSP
The Bangko Sentral ng Pilipinas reported Monday that Fitch Ratings has affirmed the country’s “BBB” investment-grade rating but sharply revised its outlook from stable to negative, signaling rising economic risks.
