March inflation likely sped up — poll
PHILIPPINE STAR/WALTER BOLLOZOSBy Luisa Maria Jacinta C. Jocson, Reporter INFLATION may have quickened for the second straight month in March, according to economists, which could make the case for the Philippine central bank to keep key rates higher for longer.It
Securing ‘A’ credit rating difficult as fiscal issues remain
PIXABAYBy Luisa Maria Jacinta C. Jocson, ReporterSECURING an “A” level sovereign credit rating by the end of the Marcos administration may be difficult as persistent underspending and the lack of reforms to improve revenue generation continue to constrain the Philippines’
PHL Jan. debt service up threefold to P159B
BW FILE PHOTOTHE NATIONAL Government’s (NG) debt service bill more than tripled to P158.898 billion in January as both principal and interest payments rose, the Bureau of the Treasury (BTr) reported.Latest data from the BTr showed that the debt repayments
Marcos gov’t told to turn to Japan for infra funding
PHILIPPINE STAR/ MIGUEL DE GUZMANBy John Victor D. Ordoñez, Reporter THE GOVERNMENT of President Ferdinand R. Marcos, Jr. should turn to Japan for funding assistance to fast-track stalled infrastructure and development projects initially designed for funding by Chinese loans, according
Ban on Binance seen to chill crypto landscape
REUTERSBy Revin Mikhael D. Ochave, ReporterTHE PHILIPPINES’ ban on the crypto exchange Binance may have a “chilling effect” on the industry, according to analysts. “Overall, this action of the Securities and Exchange Commission (SEC) sends a chilling effect to all