Thursday, 10 July 2025, 4:40 pm

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    Philippines as net borrowing state improves in Q2-2022

    The country’s status as one who borrows from rather than lends to neighbors on the global stage improved substantially in the second quarter of 2022.

    Hot money net inflows only $887M, way below $3.5B target

    Although this reversed the net outflow of $574.5 million recorded in 2021, the net inflow was way below the revised $3.5 billion target set by the Bangko Sentral ng Pilipinas (BSP).
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    GDP expands 7.6% in 2022, fastest in nearly 50 years

    The Philippine economy expanded in 2022 by 7.6 percent, exceeding the government’s target and thus far the fastest growth among emerging Asian economies, helped by strong consumer consumption amid a so-called “revenge spending” and a robust services sector.

    Q3 2022 GDP growth maintained at 7.6%

    The government has retained the projected local output growth measured as the gross domestic product (GDP) at 7.6 percent in the third quarter of 2022, according to National Statistician Dennis Mapa.

    BSP chief sees below 2% inflation in early 2024

    Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla expects inflation falling below the lower end of the government’s two- to four-percent target range early...

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    Three million trees to revive Marikina River Basin

    The Department of Environment and Natural Resources (DENR) on Thursday announced plans to plant three million trees in the Upper Marikina River Basin Protected Landscape (UMRBPL) over the next three years. The goal is to raise forest cover from 25 percent at present to 43 percent, restoring degraded areas and bolstering biodiversity.

    Manulife PH wins big at Insurance Asia Awards 2025

    Manulife Philippines, the local arm of global financial services leader Manulife, earned major accolades at the Insurance Asia Awards 2025 held in Singapore, spotlighting the company’s ongoing digital transformation and deepening brand relevance in the Philippine insurance market.

    PH eyes new air talks with key ASEAN, Asia-Pacific markets

    The Civil Aeronautics Board (CAB) is preparing to initiate bilateral air service negotiations with several key tourism markets, including Japan, India, Thailand, and potentially the United States, within the year.

    NexGen outlines clean energy push after IPO year

    NexGen Energy Corp., a publicly listed renewable energy firm helping accelerate the country's clean energy transition, outlined its strategic measures to ensure sustainable growth during its 2025 annual stockholders’ meeting on 7 July.

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