Inflation risks could slow BSP easing cycle next year, say analysts
Workers prepare roasted pig at a store in La Loma, Quezon City, Dec. 22. The Philippine central bank raised its baseline inflation forecast to 3.3% for 2025 (from 3.2%) and 3.5% for 2026 (from 3.4%). — PHILIPPINE STAR/MIGUEL DE GUZMAN
External debt hits record $139.6 billion as of Sept.
REUTERSTHE PHILIPPINES’ outstanding external debt hit another record high as of end-September, the Bangko Sentral ng Pilipinas (BSP) said.Data from the central bank showed external debt jumped by 17.5% to $139.64 billion as of end-September from $118.83 billion in the
Millions of new polymer bills to be circulated in 2025
President Ferdinand R. Marcos, Jr. received the “First Philippine Polymer Banknote Series” in Malacañang, Dec. 19. The series highlights the Philippines’ biodiversity and cultural heritage with designs featuring native species and traditional weaves. — YUMMIE DINGDING/PPA POOLTHE Bangko Sentral ng
Emancipation comes for Pampanga farmers
On Nov. 21, President Ferdinand R. Marcos, Jr. went to Pampanga and distributed 2,939 Certificates of Condonation with Release of Mortgage (COCROM) and awarded 30 Certificates of Land Ownership Award (CLOA) to over 2,000 Agrarian Reform Beneficiaries (ARBs) in Pampanga.The
Belen-making competition to boost Tarlac’s tourism, economy
A COMPETITION REVOLVING around the nativity scene or belen is helping boost the economy and tourism of the province of Tarlac, the Tarlac Heritage Foundation, Inc. said.“Belenismo sa Tarlac has boosted Tarlac’s tourism and economy, establishing the province as a