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Manila emerges from Article IV consultations “strong” post-pandemic
The Philippines is adjudged to have emerged from the pandemic on strong economic footing based on the preliminary assessment of a four-man visiting team from the International Monetary Fund (IMF).
House leaders repurpose intelligence funds as inflation-fighting programs
House leaders have set aside a portion of the P1.23 billion intelligence fund under next year's proposed budget into programs that help defeat inflation.
Seven-month FDI weaker at only $4.7B
Foreign direct investments (FDI), the kind that stays for the long haul, proved weaker in the January-to-July period this year to $4.7 billion from $5.5 billion last year, the Bangko Sentral ng Pilipinas said on Tuesday.
Inflation peeling away from target increases policy rate adjustments – Moody’s unit
Headline inflation getting away from the central bank's 2 percent to 4 percent target range this year heightens the likelihood of a change in the monetary policy structure in the Philippines, the analytics unit of the sovereign credit watcher Moody's Investors Service said on Monday.
GCash users unable to use the popular app; issues assurance funds are safe
GCash, the mobile wallet of Globe Telecom Inc. trends on X, formerly Twitter, after its users complained of inability make transactions, whether sending or receiving, since the early morning hours of Monday.
