BSP expected to keep rates steady
The Philippine central bank is widely expected to keep policy rates at a 17-year high of 6.5% at its meeting this week. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is widely
FDI net inflows soar to over two-year high
REUTERSNET INFLOWS of foreign direct investment (FDI) in February soared to its highest level in over two years, data from the Philippine central bank showed.Data from the Bangko Sentral ng Pilipinas (BSP) showed that FDI net inflows climbed by 29.3%
BusinessWorld Economic Forum 2024 to uncover next drivers of Philippines’ growth
NATIONAL Economic and Development Authority Secretary Arsenio M. Balisacan (left) and JG Summit Holdings, Inc. President and Chief Executive Officer Lance Y. Gokongwei will deliver keynote speeches at the BusinessWorld Economic Forum “PH Next: Growth Drivers” on May 22 at
Subsidies to GOCCs drop by 36% in March
DEPARTMENT OF AGRICULTURE HANDOUTSUBSIDIES provided to government-owned and -controlled corporations (GOCCs) fell by 36.3% in March, the Bureau of the Treasury (BTr) said.Data from the BTr showed that budgetary support to GOCCs declined to P6.872 billion in March from P10.795
Possible SCTEx stake seen to strengthen MPTC’s planned IPO
NLEX.COM.PHTHE offer from the Pangilinan-led Metro Pacific Tollways Corp. (MPTC) to acquire the government’s stake in the Subic-Clark-Tarlac Expressway (SCTEx) may help attract more investors to the company’s planned merger with San Miguel Corp. (SMC), analysts said.“SCTEx is an attractive