Top News
Ph creditworthiness deteriorates in 3Q
The country’s creditworthiness as measured by its net external liability position deteriorated some more in the quarter ending September 2023 to USD50 billion from USD49.6 billion three months earlier, the Bangko Sentral ng Pilipinas (BSP) said.
Mindful PPA puts behind ugly Manila incident with trained front liners in ports across the country
The Philippine Ports Authority (PPA), which took care of more than 80,000 cruise ship passengers visiting the Philippines this year, plans developing more cruise terminals in 2024.
November budget deficit narrows by 25% to P93.3 billion
The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.
Inflation seen easing some more in December
Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.
Over 500,000 MT of imported rice due to arrive December through February
Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive this month and early January even as grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday.
