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    BSP implements penalties for peso RTGS offenses to strengthen payment system compliance

    The Bangko Sentral ng Pilipinas (BSP) has outlined new penalties for violations of the peso real-time gross settlement (RTGS) payment system, aiming to ensure consistent and efficient enforcement among participants.

    PH foreign debt surges to still manageable $139.64B 

    The country's external debt in the quarter ended September totaled USD139.64 billion, a 7.3 percent increase from the previous quarter.

    Fourth-quarter consumer, business confidence indices on the rise

    The Philippine economy enters the final quarter of 2024 with both consumers and businesses showing renewed confidence, according to the Bangko Sentral ng Pilipinas (BSP).

    BSP eases monetary policy as expected, forecasts 3.4% inflation for 2025 amid global stabilization

    The Bangko Sentral ng Pilipinas (BSP) on Thursday took a decisive step in its monetary policy, cutting its key interest rate by 25 basis points to 5.75 percent, signaling a shift toward a more accommodative stance to support the economy.

    11-month BOP reverts into surplus of $2.1 B

    The country's balance of payments (BOP) position posted a surplus of USD2.1 billion in the first 11 months of 2024, a turnaround from last year when this stood as a deficit of USD2.3 billion, latest data from the Bangko Sentral ng Pilipinas (BSP) show.

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    Drones deliver high yields in rice weed control trials

    The Philippine Rice Research Institute (PhilRice) has reported promising results in using drones for weed control in wet direct-seeded rice fields.

    SM Investments wins 17th Platinum Award for Sustainability Leadership

    SM Investments Corporation has earned its 17th consecutive Platinum Award at The Asset Corporate Sustainability Leadership Awards, organized by Hong Kong-based The Asset Publishing and Research Ltd. Its banking subsidiary, BDO Unibank Inc., also received a Platinum Award for sustainability performance.

    BSP pause could keep yield curve steady — Manulife

    Manulife Investment Management (MIM) expects the yield curve in the fixed income market to remain stable should the Bangko Sentral ng Pilipinas (BSP) keep its key interest rate at 5 percent at its rate-setting meeting on Thursday.

    Clark Moon Festival 2025 highlights community partnerships, regional growth

    The Clark community gathered at Clark Global City’s West Aeropark on Monday to celebrate the Clark Moon Festival 2025, marking the Mid-Autumn Festival with cultural performances and a reaffirmation of partnerships aimed at driving the region’s development.

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