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

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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

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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

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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

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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

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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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Global and local firms eye P103-B MRT-3 modernization project

Transport & Logistics 0
Around 100 local and international companies have expressed strong interest in taking part in the proposed P103.6-billion concession for the Metro Rail Transit Line 3 (MRT-3), highlighting growing confidence from both foreign and domestic investors in upgrading the country’s main urban railway network.

Globe powers cell cites with renewable energy, boosting network resilience 

Energy & Mining 0
Globe Telecom Inc. announced Friday that more than 1,000 of its cell sites are now running on renewable energy as of August 2026, marking a key step in the company’s push toward cleaner and more reliable operations. The shift was made possible through the government’s Retail Aggregation Program, making Globe the first telecommunications provider in the country to reach this milestone.

DA, Nestlé partner to boost Bukidnon coffee yields, farmers

Agriculture 0
A better cup of coffee begins long before the beans reach the roaster. In Northern Mindanao, it starts with better planting materials, improved farming practices, and a partnership aimed at turning higher yields into better livelihoods for coffee farmers.

Meralco’s smart grid vision puts customer at center

Communications & Technology 0
The electricity grid is getting busier. Rooftop solar panels are turning homes into power producers, batteries are storing energy for later, and electric vehicles are adding new demands to the system.

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