During the Laging Handa public briefing Friday, Employers Confederation of the Philippines (ECOP) president Sergio Ortiz-Luis Jr. welcomed the 4.2-percent unemployment rate in December 2022, which is the lowest in 17 years since April 2005.... Read full article
MANILA – Monetary officials will likely consider a hike in the central bank’s key rates in June, or once the 2022 first-quarter domestic output report is out, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. ... Read full article
MANILA – The government’s fiscal health remains robust amidst the rejection of bids for government securities during the weekly auctions since last week, Department of Finance (DOF) Secretary Carlos Dominguez III said.... Read full article
MANILA – Concerns on the Ukraine-Russia tension and higher average domestic inflation projection for this and next year resulted in the upticks of Treasury bill (T-bill) rates on Monday. ... Read full article
BUTUAN CITY – The Department of Trade and Industry-Caraga (DTI-13) lifted the price freeze for basic necessities on Sunday, February 20, or 60 days after the region was placed under a state of calamity in December last year due to the devastation of ... Read full article
MANILA – Local government units (LGUs) have spent PHP118.9 billion combined on coronavirus disease 2019 (Covid-19) response measures as of June 2021, according to preliminary data gathered by the Bureau of Local Government Finance (BLGF).... Read full article
MANILA – Finance Secretary Carlos G. Dominguez III said he is confident the country's strong macroeconomic fundamentals would help sustain the domestic economy’s continued recovery despite risks posed by external issues.... Read full article
MANILA – As the Philippines aims to be a hub for hyperscalers in the Asia Pacific region, a world-class data center will soon rise in Malvar, Batangas.... Read full article
MANILA – The Philippines’ gross international reserves (GIR) declined to USD108.45 billion in January from USD108.79 billion in December but an economist said an increase or a record-high is possible as structural inflows remain strong.... Read full article
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