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BSP cuts interest rates again to foster growth amid easing inflation
The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced a 25 basis point reduction in its key interest rates, lowering the target reverse repurchase rate to 6 percent.
Public-Private Partnerships key to enhancing disaster resilience in the Philippines
Economic Planning Secretary Arsenio Balisacan underscored the critical role of public-private partnership projects in bolstering disaster resilience in the Philippines at the 2024 Asia-Pacific Ministerial Conference on Disaster Risk Reduction.
Palay farm gate prices up 13% in September
Farm gate prices of palay were higher in September compared to the year-earlier level even as it eased from the level in August, boosting rice farmers income.
DA allocates P93.8M aid for typhoon-hit farmers
The Department of Agriculture (DA) on Monday projected a stronger agricultural sector output in 2025 on the back of lessons learned from current year's...
IMF reform to ‘substantially’ cut borrowing costs for member countries
The Executive Board of the International Monetary Fund (IMF) has concluded its review of charges and the surcharge policy and has bared significant reforms aimed at reducing borrowing costs for member countries like the Philippines.
