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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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    Import lag spurs probe into rising red onion prices

    The Department of Agriculture–Bureau of Plant Industry (DA-BPI) has ordered onion importers to explain why permits for red onion shipments are being used far more slowly than those for yellow onions—a discrepancy officials say is contributing to the recent spike in retail prices.

    Gov’t agrees to extend import moratorium on molasses

    The Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) have agreed to extend Molasses Order No. 1, which places a moratorium on molasses importation until the end of March next year.

    Spanish conglomerate wins 20-year power contract

    ACCIONA Energía has secured a 20-year power supply contract for two renewable energy projects totaling 281 MW in the Philippines. The award was granted through Round 4 of the Department of Energy’s Green Energy Auction Program (GEAP).

    Google chips beckon as Meta weighs shift

    Shares of Alphabet jumped Tuesday after The Information reported that Meta Platforms is weighing a move to adopt Google-designed chips—a potential shake-up in the fast-moving artificial intelligence hardware race.

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