Nyah Genelle C. De Leon

Nyah Genelle C. De Leon

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Insurance penetration hit 2% goal in first quarter    
PH gaming revenues down 16% in Q1 amid oil price shock

Gov’t infra spending still sluggish as of end-March

Maharlika extends P15B credit line to Petron to boost crude oil supply
Civil registry corrections made easier–PSA
PH debt-to-GDP ratio seen to stay above 60%
2 insurance firms ordered shut over violations
Bank loans grow faster despite MidEast shock
T-bill rates rise on high-inflation, low-GDP woes
Weak confidence clouds PH spending outlook