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Year: 2024

Monetary policy, inflation in 2023

MANILA: Risks from elevated inflation rate and external factors kept the Philippine monetary authorities on their toes in 2023.

And while the policymaking Monetary Board (MB) tightened further the Bangko Sentral ng Pilipinas’ (BSP) key rates to a 16-…

S. Korea issues warning on sea-level rise after Japan quake

SEOUL: South Korea issued alerts on rising sea levels in parts of the East Sea on Monday following a major earthquake off Japan’s west coast.

The Korea Meteorological Administration (KMA) said a tsunami caused by a 7.6 magnitude quake hitting Ishikaw…