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Manila sovereign standing rated weak under latest S&P readings
On a scale of 1 to 6, with 6 being weakest, the Philippine sovereign's institutional and economic standing is rated 4, according to the...
World Bank lifts PH growth outlook to 6%
The Philippine economy is seen to expand faster than expected this year, driven by the resilience of domestic demand amid high inflation, according to...
Groups clash over fishing vessel monitoring measures
Fishery stakeholders stand firm against the mandate for commercial fishing vessels to install tracking systems so that their fishing activities are effectively monitored by...
Philippine April jobless rate eases to pre-pandemic level of 4.5%
The Philippines Statistics Authority said Friday the unemployment rate declined to pre-pandemic level of 4.5 percent in April as the economy continued to mend...
BSP cuts the banks’ deposit reserves
Beginning June 30 this year, the various banks and financial institutions will observe substantially lower reserves on their deposit holdings, according to the Bangko...
