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FDI continues to weaken in June – BSP

Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
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Germany beats Serbia, wins FIBA World Cup 2023

Germany outlasted Serbia on Sunday to win its first-ever FIBA World Cup championship, a fitting finish for Deutschland that emerged as the only unbeaten team in the tournament.

Marcos price cap brings down cost of Vietnam rice exports

President Ferdinand Marcos Jr.’s imposition of a cap in the retail price of rice rolled back cost of the grain in Vietnam, posting their biggest price declines last week since the increases following the decision of India to ban export of certain rice varieties in July.

Government outstanding debt rises by P99.44B to P14.24T in July

The Philippines’ outstanding national government debt increased further in July, rising by P96.44 billion to P14.24 trillion.

Germany stuns US; meets Serbia in all-Europe FIBA World Cup 2023 Finals

Germany, 11th in the FIBA world rankings, stunned the U.S. and the rest of the basketball world Friday night as it wrested the last slot in the finals of the 2023 FIBA World Cup, arranging an all-Europe championship with sixth-ranked Serbia.

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