Top News
NG outstanding debt rise to P15.893T in September
Outstanding debt of the national government reached P15.893 trillion at the end of September, up 11 percent year-on-year due to double-digit growth in the issuance of government securities in the domestic market and in the availment of foreign loans.
East Asia countries face urgent climate financing challenges as 2030 deadline approaches
A recent analysis by Moody’s Ratings has illuminated a critical shortfall in climate financing necessary for East Asian economies like the Philippines to achieve global net-zero emissions by 2050.
Portfolio investments surged 92% to $1 billion in September
The Bangko Sentral ng Pilipinas (BSP) reported a surge in portfolio investments flowing inward on net basis in September reaching USD1.025 billion—a 92.1 percent increase from August’s USD533.95 million.
BSP projects October inflation between 2% and 2.8%
The Bangko Sentral ng Pilipinas (BSP) forecast inflation in October ranging from 2.0 percent to 2.8 percent.
Soda to Spirits: PepsiCo plans to dominate PH alcoholic RTD market
PepsiCo is eyeing a competitive position in the alcoholic ready-to-drink (RTD) market in the Philippines, a sector experiencing a notable shift as consumers seek variety in their beverage choices.
