economy

Gov’t debt service bill down by 82% in Feb to P 52.2B

The Marcos administration carried a lighter debt service burden in February on the back of…

BIZ BUZZ: DepDev in, DOF out?

It seems like the National Economic and Development Authority (Neda)— which will soon be known…

Two more rate cuts likely this year

Two more rate cuts are likely in the cards this year, thanks to a benign…

Marcos signs law reorganizing Neda, renaming it ‘Dep’t of Economy, Planning and Development’

Call it the Department of Economy, Planning and Development (DepDev) — the new name of…

BSP reviews 2-4% inflation target

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the central bank was reviewing…

BIZ BUZZ: Upside from Trump tariff tantrum

It’s on a 90-day pause for now. But with the barrage of reciprocal tariffs that…

BMI: Trump tariffs may ‘reverse’ PH efforts to contain deficit

The higher tariffs on Filipino goods coming to America might prompt the Marcos administration to…

BSP cuts policy rate by 25 bps to 5.5%

The Bangko Sentral ng Pilipinas (BSP) on Thursday cut the key rate by a quarter…

Banks’ bad loan ratio steady at 3.38% in Feb

The ratio of bad debts to total loans held by Philippine banks was steady in…

Recto rules out retaliation after higher US tariffs

Finance Secretary Ralph Recto said retaliation was not an option for the Philippines in tackling…