Manila: Authorities are working to prevent the country’s return to the Financial Action Task Force’s (FATF) gray list amid the risks to the Philippine standing brought by the flood control corruption controversy, a ranking central bank official said. …
Manila: Upticks in the prices of rice and fish, among other food items, are seen as upside risks to January 2026 inflation, which the Bangko Sentral ng Pilipinas (BSP) eyes to range between 1.4 to 2.2 percent. “Increased domestic fuel costs, the annua…
Manila: Below-target output of the Philippine economy in 2025 led to a negative close of both the Philippine Stock Exchange index (PSEi) and the peso on Thursday. The Philippine Statistics Authority (PSA) has reported a 3-percent output of the domesti…
Manila: An industry group official on Thursday expressed readiness to work closely with the government, citing the industry sector’s weaker contribution to the domestic economy in 2025.
According to Philippines News Agency, data released by the Phi…
Antique: The government is expected to save around PHP2 billion annually from reduced energy subsidies in off-grid areas in Antique and Mindoro once a proposed submarine power cable project by DMCI Power Corporation (DPC) is completed this year.
Acc…
