IF the economy grew faster in the last quarter of 2023, the Monetary Board, the highest policymaking body of the Bangko Sentral ng Pilipinas (BSP), may consider hiking interest rates. At the sidelines of the recent Annual Reception for the Banking Community, BSP Governor Eli M. Remolona Jr. told reporters…
The government is now eyeing to award the P12.75-billion Laguindingan International Airport (LIA) in Northern Mindanao by May, according to the National and Economic Development Authority Board (Neda). Neda Secretary Arsenio M. Balisacan made the announcement as they started accepting bid challenges against the unsolicited proposal of Aboitiz InfraCapital Inc. for the development of the…
THE country missed its merchandise trade goals last year as data from the Philippine Statistics Authority (PSA) showed both exports and imports contracted between January and December 2023. The PSA data showed exports contracted 7.6 percent to $73.52 billion while imports declined 8.2 percent to $125.95 billion in 2023. In…
Press Conference on the 2023 Fourth Quarter Performance of the Philippine Economy | Philippine Statistics Authority psa.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from psa.gov.ph Daily Mail and Mail on Sunday newspapers.
To remain on track in meeting the country’s goals by 2028, the National Economic and Development Authority (Neda) has urged Congress to pass bills that address the “structural weaknesses” of the country’s production sectors, among others. Neda said these measures include the bills on the Department of Water Resources, Open…