The Bangko Sentral ng Pilipinas (BSP), alongside the Philippine Department of Finance, Japan’s Ministry of Finance, and the Bank of Japan, hosted the 3rd ASEAN+3 Task Force meeting in Puerto Princesa City. Technical representatives from member authorities gathered to advance regional financial cooperation and stability, with support from the ASEAN+3 Macroeconomic Research Office (AMRO).
The Philippines is pushing Association of Southeast Asian Nations to move from setting economic agendas to implementing concrete measures as the region confronts supply-chain disruptions, geopolitical tensions, trade restrictions and uncertainty in global markets.
Cebu-based Aznar Shipping Corp. posted a 155-percent jump in first-half net income as revenue more than doubled, giving the ferry operator stronger financial momentum as it moves toward a planned initial public offering.
The Government Service Insurance System (GSIS) has allocated nearly ₱8 billion in emergency loans for 317,721 active members and old-age or disability pensioners across 16 areas devastated by Typhoons Luis, Maymay, Neneng and the enhanced Southwest Monsoon (Habagat).