Tag: economy
Diokno wants pause in rate hikes
Finance Secretary Benjamin Diokno said he wanted the Bangko Sentral ng Pilipinas (BSP) to pause interest rate hikes amid easing inflation.
"I’m for a pause,...
Diokno: PH on track to achieve of 6 to 7%...
Finance Secretary Benjamin Diokno said that the Philippines is on track to achieving its growth targets as the economy sustained its growth momentum in...
Marcos: PH needs to transform, not recover, from economic slump
President Ferdinand R. Marcos Jr. said the Philippines must “transform” so as not to be left out by the global market and be part...
AI to cause 14 millions lost job in next 5 years
The wider application of artificial intelligence (AI) will be major factor in the loss of 14 million jobs in the next five years, according...
US Treasury head warns of ‘catastrophe’ from debt default
US Treasury Secretary Janet Yellen said that a debt default would cause "catastrophe" for her nation.
"Since 1789, the United States has paid all of our bills on time....
Home Credit aiming for 10 million customers this year
Home Credit Philippines (HCPH) is optimistic on increasing the number of its customer base to 10 million this year as the country’s economy continues...
Smart to launch new and more affordable mobile broadband devices
In a bid to make technology more accessible to the Filipino public, PLDT's wireless subsidiary Smart Communications, Inc. (Smart) announced over the weekend that...
ICTSI expands large vessel capability of Manila port
International Container Terminal Services, Inc. (ICTSI) added another berth at the Manila International Container Terminal (MICT) – the Philippines’ premiere gateway for international trade.
Currently under phase...
PH foreign reserves seen as adequate despite slight decline
The country’s gross international reserves (GIR) remained strong amid the decline, and still a boost to the local currency and the country’s investment grade rating, according...
