Foreign investment pledges made with six investment promotion agencies of the government increased to P173.61 billion in the fourth quarter, up 30 percent from the P133.47 billion made in the year-earlier period, the Philippine Statistics Authority said.
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) at its meeting on Thursday raised the interest rate on the its overnight reverse repurchase facility by 50 basis points to 6 percent, effective tomorrow, 17 February 2023.
GCash, Globe Telecom’s mobile wallet, on Thursday secured the approval of the Bangko Sentral ng Pilipinas (BSP) to use the e-wallet overseas using international...
Japan Credit Rating Agency (JCR) affirmed the country’s credit standing with an ‘A-’ rating and a stable outlook amid global uncertainties and a high inflation environment.
Higher US tariffs and stubbornly high production costs are tightening the vise on Philippine garment exporters, even as shipments are estimated to have topped USD1 billion in 2025.
The Department of Environment and Natural Resources (DENR) will hold a public scoping on January 27, 2026, for the proposed expansion of the Sangilo gold and silver mines in Itogon, Benguet.