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December inflation proves lower than forecast and slows to only 3.9 percent

Inflation, or the rate of change in prices, slowed to only 3.9 percent in December from 4.1 percent the previous November, according to the Philippine Statistics Authority.

Advocates support removing economic restrictions under 1987 Constitution

Heavyweight advocates and thought leaders at the Foundation for Economic Freedom (FEF) called on government on Thursday to lift decades-old Constitutional prohibitions they assert serve only as binding constraints to the economic growth and development of the country.  

11-month NG debt rises to P14.51 trillion

The outstanding debt of the  national government in November stood at P14.51 trillion, up P27.92 billion from the level in October due mainly to the net issuance of treasury debt papers in the domestic capital market for budget support.

Philippine foreign arrivals hit 5.45M in 2023, exceeds target

The Philippines surpassed its international visitor arrivals in 2023, recording 5.45 million foreign tourists that contributed an estimated P482.54 billion to the economy, Tourism Secretary Christina Garcia Frasco said.

Philippines hopeful of exiting global money laundering ‘grey list’ 

The Philippines is hopeful of being taken off the money laundering 'grey list' of the Financial Action Task Force (FATF) of this year, the country's Anti-Money Laundering Council said on Tuesday.

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Inflation seen rising as global oil prices push costs higher

Inflation in the Philippines likely increased in March, driven mainly by rising global energy prices linked to tensions in the Middle East, according to Moody’s Analytics.

DTI unveils P4B MSME fund, zero-collateral loans 

The Department of Trade and Industry on Monday launched a P4-billion MSME Business Fund to help small enterprises weather global uncertainties, including the ongoing Middle East crisis.

Petron leads sharp fuel hike; Jetti delays to cushion diesel impact

Fuel prices are set to increase this week as global oil costs remain high tensions in the Middle East.

Digital lender launches CIMB Prime with 3.5% interest rate and zero fees

CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.

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