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Finance chief rejects legislator proposal for fresh BSP loan to fund budget deficit
Finance Secretary Benjamin Diokno on Thursday rejected a lawmaker’s suggestion that the national government borrow anew from the Bangko Sentral ng Pilipinas to fund...
Cost pressures, low government consumption moderate 2Q growth of only 4.3%
Local output growth measured as the gross domestic product (GDP) expanded at a slower pace of only 4.3 percent in the second quarter this...
Japan extends the Philippines another quick-disbursing ODA loan
Japan has signed a new loan worth 30 billion yen or P11.8 billion in local currency to help the Philippines deal with the disruptive...
Japan’s R&I signals sovereign credit boost
Japan’s Rating and Investment Information Inc. (R&I) has affirmed the country’s credit stature as a triple B or BBB-rated sovereign but whose outlook has...
Moody’s unit projects slower 2Q expansion of only 6% in latest forecast
Moody’s Analytics, the data analysis and financial intelligence arm of the sovereign credit watcher Moody’s Investors Service, forecasts a moderate expansion of the economy...
