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    MB approved $2 billion public sector foreign borrowing in Q4 2022

    For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021. 

    Inflation, renewed mobility helping shape 2023 global consumer trends

    The post-pandemic era is ushering in new shopping habits across the world, and companies must monitor them closely to address and adjust to their customers’ evolving needs, according to global market research firm Mintel. 

    BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

    The balance of payments (BOP), essentially what is left after deducting the country’s foreign currency expenses against earnings, stood as a surplus of $612 million in December 2022, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

    DOF chief briefs WEF CEOs on proposed Maharlika Investment Fund

    Finance Secretary Benjamin Diokno briefed World Economic Forum (WEF) chief executive officers (CEOs) on the current state of the Philippine economy, as well as...

    Tugon Kabuhayan offers private-sector help to stop chronic food smuggling

    Food security and livelihood advocacy group Tugon Kabuhayan on Tuesday offered to help the government stop the chronic smuggling of food products that has depressed local production and kept food prices...

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    DA steps up effort to modernizes livestock, feed sectors

    The Department of Agriculture (DA) is intensifying efforts to modernize and safeguard the country's livestock, feed mill, and gamefowl industries, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Thursday, in line with President Ferdinand Marcos Jr.’s goal of achieving food security and rural development.

    Credit growth moderates as liquidity expansion cools

    Bank lending growth continued to moderate in April, mirroring a deceleration in domestic liquidity, according to the Bangko Sentral ng Pilipinas (BSP), which reaffirmed its commitment to maintaining monetary conditions aligned with price and financial stability objectives.

    ACEN unit powers Mapúa Malayan full renewable shift

    Mapúa Malayan Colleges Laguna (Mapúa MCL) has fully shifted its entire Cabuyao, Laguna campus to renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), reinforcing its commitment to sustainability and climate action.

    Converge reshuffles leadership to strengthen tech and commercial strategy

    Converge ICT Solutions Inc. has announced a strategic overhaul of its leadership team aimed at reinforcing its transformation into a technology-driven company and securing long-term commercial growth.

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