Public school teachers across the country are finally breathing easier as the Department of Education (DepEd), under the administration of President Ferdinand R. Marcos Jr., slashes classroom paperwork by 57% through a sweeping policy reform.
Inflation in the Philippines is expected to hold steady at 1.4% in May, according to a forecast by Moody’s Analytics released Monday, reinforcing a broader regional trend of cooling commodity prices. The official announcement is scheduled for release by the Philippine Statistics Authority this Thursday.
Bank lending growth continued to moderate in April, mirroring a deceleration in domestic liquidity, according to the Bangko Sentral ng Pilipinas (BSP), which reaffirmed its commitment to maintaining monetary conditions aligned with price and financial stability objectives.
Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.
The trade deficit narrowed significantly in April, reflecting a rare convergence of rising exports and declining imports. The foreign trade gap declined to USD3.5 billion, down from a revised USD4.5 billion in March, according to data released Friday by the Philippine Statistics Authority (PSA).