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    Lending standards among banks broadly unchanged in BSP survey 

    The various banks have neither tightened nor loosened their lending standards on loans to households or businesses in the first three months of the...

    BSP forecasts April inflation to remain elevated

    Inflation, which has moderated from its January peak of 8.7 percent in subsequent months, is forecast to moderate even further in April. According to the...

    Portfolio money left the Philippines in 1Q

    More foreign investments have flown out than have poured inward in the first three months of the year, based on latest data from the...

    Conglomerates resubmit P100 billion proposal to upgrade NAIA

    Six of the country’s biggest conglomerates have consolidated and submitted an unsolicited proposal to rehabilitate and upgrade the Ninoy International Airport. The more than P100...

    Digital economy valued at P2.08 trillion in 2022

    The digital economy in 2022 aggregated P2.08 trillion, around 9.4 percent of the country's gross domestic product, according to a pilot study done by the Philippine Statistics Authority. The...

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    TDK taps Aboitiz for Laguna solar power project

    Aboitiz Upgrade Solar Inc. (AUSI), a renewable energy affiliate of Aboitiz Power Corp., has partnered with electronics manufacturer TDK Philippines Corp. (TPC) to install a 5.65-megawatt-peak (MWp) rooftop solar PV system across two TPC facilities in Laguna.

    President Marcos names DOJ’s Remulla as Ombudsman

    President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.

    DA measures help shield poor from inflation

    Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.

    Foreign currency reserves rise in September

    The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.

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