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On the economy, while IMF frets, Guinigundo sizzles

Key International Monetary Fund (IMF) officials urged central banks to ensure that their policy responses remain appropriately restrictive and should stay in place long...

SEC, UP Law reworking policy framework to meet 21st century challenges

The Securities and Exchange Commission and the University of the Philippines Law Center are reworking the decades-old policy framework that, while still effective, needs...

Former Commerce Minister, businessman Roberto Ongpin, dead at 86

Businessman Roberto Ongpin, former Commerce and Industry Minister under the late President Ferdinand Marcos, died on Sunday at Balesin Island Club, the exclusive Philippine island resort he built.

Emerging markets output growth looking sanguine

Emerging markets and developing economies like the Philippines were to collectively post output growth measured as the gross domestic product (GDP) averaging 4 percent this year, but higher next year to 4.2 percent, according to the International Monetary Fund (IMF).

NG debt up 14.4%, hits P13.42T in 2022

The national government’s total debt grew by 14.4 percent to P13.42 trillion last year from P11.73 trillion in 2021, data released by the Bureau of the Treasury (BTr) showed.

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Hog output declined in 1Q, nudging pork prices higher

The Philippines’ hog production declined in the first quarter, pushing farmgate prices to a record high. 

BSP eyes further rate cuts on positive inflation outlook

The Bangko Sentral ng Pilipinas (BSP) is considering further interest rate cuts as inflation in the Philippines remains within the target range, signaling a potential shift to a more accommodative monetary policy to bolster investment and economic growth.

InLife acquires 100% of Generali PH

Insular Life (InLife), the country's largest Filipino-owned life insurance company, has completed its acquisition of 100 percent of Generali Life Assurance Philippines (Generali), marking a major corporate milestone in the country’s insurance industry.

Converge taps AI analytics to decode customer behavior

Broadband giant Converge ICT Solutions Inc. is ramping up its digital transformation by integrating AI-powered analytics into its operations, a strategic move aimed at deepening customer insight and accelerating product development.

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