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Thursday, 06 November 2025, 3:38 am

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    2Q 2024 external liabilities eased, but government and corporate debt pressure mounts

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    The country's external financial landscape showed mixed signals in 2Q 2024, with a 3.6 percent quarter-on-quarter easing in its net external liability position to P2.9 trillion, down from P3 trillion in 1Q 2024.

    DBCC commits to 2 percent to 4 percent inflation target to anchor economic expectations

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    Food-driven high inflation, averaging a three-month high of 2.5 percent in November, is forecast to average no higher than 3.1 percent in December, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

    Govt on track to meet fiscal goals; 11-month revenue at 96% of target

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    The Philippine government is on track to meet its fiscal goals for 2024, with revenue collection outpacing the target as of November, helping keep...

    Remittances seen rounding 2024 at $40 billion

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    Remittances, a potent source of external liquidity for the Philippines, is projected to round the year at more than USD40 billion this year, according to latest estimates by the World Bank.

    Globe Business helps power cooperatives with digital transformation

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    In a move helping empower cooperatives across the Philippines, Globe Business is enabling digital transformation to improve member engagement, streamline operations, and promote sustainable growth.
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    DOE to auction 170 MW in waste-to-energy projects

    Energy 0
    The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.

    DOE proposes body harmonizing energy projects

    Energy 0
    The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.

    URC vows continued support for communities affected by Negros molasses spill

    Environment 0
    Universal Robina Corp. (URC) has assured continued assistance to communities impacted by the release of molasses-based wastewater from its Bais Distillery following the collapse of a containment lagoon on October 26.

    Lazada eyes record-breaking 11.11 sale

    Corporate 0
    Lazada Philippines announced that the 11 11, its biggest sale of the year, will run from November 10 beginning at 8 PM until November 13, positioning the event to surpass the performance of the previous 9.9 sale. In Taguig City, Lazada Philippines chief executive officer Carlos Barrera and head of seller operations Alvin Ching emphasized the company’s growing role in powering the nation’s digital economy and strengthening its reputation as the leading destination for authentic brands and quality products.

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    Credit, liquidity conditions stay supportive of economy

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    Lending by universal and commercial banks (U/KBs) continued to grow in September, alongside faster domestic liquidity expansion, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
    Energy

    DOE to auction 170 MW in waste-to-energy projects

    0
    The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.
    Energy

    DOE proposes body harmonizing energy projects

    0
    The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.
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