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East Asia countries face urgent climate financing challenges as 2030 deadline approaches
A recent analysis by Moody’s Ratings has illuminated a critical shortfall in climate financing necessary for East Asian economies like the Philippines to achieve global net-zero emissions by 2050.
Portfolio investments surged 92% to $1 billion in September
The Bangko Sentral ng Pilipinas (BSP) reported a surge in portfolio investments flowing inward on net basis in September reaching USD1.025 billion—a 92.1 percent increase from August’s USD533.95 million.
BSP projects October inflation between 2% and 2.8%
The Bangko Sentral ng Pilipinas (BSP) forecast inflation in October ranging from 2.0 percent to 2.8 percent.
Soda to Spirits: PepsiCo plans to dominate PH alcoholic RTD market
PepsiCo is eyeing a competitive position in the alcoholic ready-to-drink (RTD) market in the Philippines, a sector experiencing a notable shift as consumers seek variety in their beverage choices.
BSP optimistic about PH’s Grey List exit
The Bangko Sentral ng Pilipinas on Tuesday expressed optimism the Philippines could soon exit from the Financial Action Task Force’s grey list, following a recent statement from the international watchdog recognizing the country’s reforms in anti-money laundering and counter-terrorism financing initiatives.
