US one-hundred-dollar notes are seen in this picture illustration taken in Seoul Feb. 7, 2011. — REUTERSBy Luisa Maria Jacinta C. Jocson, ReporterTHE COUNTRY posted a balance of payments (BoP) deficit of $724 million in October as the government repaid

A store attendant checks the canned goods display inside a grocery in Quezon City, Oct. 19, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Luisa Maria Jacinta C. Jocson, ReporterINFLATIONARY PRESSURES could prompt the Philippine central bank to pause its easing cycle,

THE PESO sank to an over two-year low on Wednesday amid escalation in the Russia-Ukraine war as well as further signals on US President-elect Donald J. Trump’s economic policies. The local unit closed at P58.91 per dollar on Wednesday, weakening by

THE PHILIPPINE Economic Zone Authority (PEZA) has greenlit P186.098 billion in investment pledges as of Nov. 13, surpassing the total approvals in 2023. This was 32.1% higher than the P140.884 billion worth of investments it approved in the same period in

(L-R) FINANCE UNDERSECRETARY and Chief Economist Domini S. Velasquez; Zafer Mustafaoglu, country director for the Philippines, Malaysia, and Brunei at the World Bank; Pavit Ramachandran, country director for the Philippines at the Asian Development Bank; and Tourism Secretary Ma. Esperanza