Live Breaking News & Updates on Pilipinas Governor Benjamin Diokno

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S&P retains Philippine GDP growth outlook for 2022

S&P Global Ratings kept its gross domestic product growth forecast for the Philippines at 6.5 percent for this year, but said scarring is largest in the country, as output would remain below pre-COVID trend in several Asia-Pacific economies. ....

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Peso pierces to 55 to $1 level

The peso pierced the 55 to $1 level yesterday, closing at its weakest level in almost 17 years as investors believe the US Federal Reserve could maneuver the US economy to a soft landing and avoid recession. ....

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Marcos to take charge of Dept. of Agriculture 'for now'

Marcos to take charge of Dept. of Agriculture 'for now'
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Diokno still confident on Philippine removal from FATF gray list

The Philippines remains confident it will meet the deadline set by global dirty money watchdog Financial Action Task Force to address strategic deficiencies in countering money laundering, terrorist financing and proliferation financing. ....

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Subsidies seen as short-term solution to soaring inflation

Targeted subsidies on the most affected sectors should be the short-term solution to manage soaring inflation and not the suspension of excise taxes on fuel products, the Asian Development Bank said. ....

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