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Finally, a complete 7-member Monetary Board
Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos
Nanindigan si Speaker Ferdinand Martin Romualdez na ang trilateral summit ng Estados Unidos, Japan at Pilipinas ay isang pagkilala sa pamumuno at foreign policy ni Pangulong Bongbong Marcos. The post Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos first appeared on Abante......»»
Pasil fish traders upset over Gwen’s wet goods transport policy
CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»
Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board
'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»
Monetary Board awaits Palace word on government representative
The Bangko Sentral ng Pilipinas is awaiting word from Malacañang as to who will be the government representative in the seven-member Monetary Board......»»
Diokno as Monetary Board member: I’m now cooling down
Former finance secretary Benjamin Diokno says he is now on a cooling down mode as he was sworn in as the last member of the Monetary Board......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
‘Imports, SRA made future worse for RHI unit’
Sugar and ethanol producer Roxas Holdings Inc. (RHI) took a major hit as increased imports and an alleged instruction from the government to stop refining led to the closure of its wholly owned subsidiary......»»
Philippines’ estimated rice imports rise by 100,000 MT — USDA
In a data report released on Friday, the USDA has increased its estimates for Philippine rice imports in 2024 to 3.9 million MT, higher than the 3.8 MT million forecast last January. .....»»
Meat imports up 3 percent in Q1
The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»
Rice imports as of mid-March 886,963 MT
The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»
Salt imports decline as local output improves
The country’s salt imports decreased to 84 percent of total requirements last year from 90 percent in 2022 as local production improved, a ranking official of the Bureau of Fisheries and Aquatic Resources said......»»
‘Pork prices to go up as DA limits imports’
Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»
2024 rice imports hit 570,000 MT
The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»
Fertilizer imports hit 3-year high in 2023
Fertilizer imports last year expanded by almost a fifth to a three-year high of over 2.5 million metric tons as global prices of the farm input declined at a double-digit pace......»»
Keeping Magnolia at Bey
The theory is if the opposing imports cancel each other out, then the locals will decide the outcome of the PBA Commissioner’s Cup Finals. But what if the imports don’t perform as expected, can the locals carry the load?.....»»
Filipino imports shine in action-packed Japan B. League weekend
Kai Sotto scores a season-high 16 points, while Matthew Wright puts up back-to-back 20-plus-point performances as Filipino imports impress in the Japan B. League.....»»
DA: Suspension of onion imports depends on actual production
The suspension of onion imports is only conditional and still depends on actual production this crop season, according to the Department of Agriculture......»»