Top News
Jobless rate down in January but ranks of employed drop to 45.9M
The ranks of the jobless Filipinos shrunk in January compared to the same period last year, with many deciding to take themselves off the labor market.
BSP governor rules out easing rates ‘soon’
The central bank governor on Wednesday ruled out rate cuts anytime soon due to upside inflation risks and signaled that borrowing costs will remain higher for longer.
JCRA affirms Philippines A- rating, stable outlook
The Japan Credit Rating Agency, Ltd. (JCRA) has kept the country's investment-grade credit rating of A minus (A-) with a stable outlook.
Inflation 3.4% in Feb; at higher end of BSP’s forecast range
Headline inflation in February accelerated to 3.4 percent after easing to its slowest pace more than three yeas in January, at the higher end of the forecast range of the Bangko Sentra ng Pilipinas due to increases in the prices of food, particularly rice, and the cost of transport and utilities.
Higher tax collection narrows budget deficit in 2023 to P1.512T
Increased tax collection last year narrowed the government’s budget deficit to P1.512 trillion from P1.614 trillion in 2022, albeit slightly wider than the P1.499 trillion deficit target for the year.
