Rising pump prices may further stoke inflation. — PHILIPPINE STAR/WALTER BOLLOZOS By Keisha B. Ta-asan, Reporter THE PHILIPPINE central bank is more likely to keep its key policy rate unchanged than hike by 25 basis points (bps) […]
Debt service bill swells in August
BW FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter THE NATIONAL GOVERNMENT’S (NG) debt service bill nearly tripled in August due to a spike in amortization payments, according to the Bureau of the Treasury (BTr). Data […]
Philippines still needs to address deficiencies in ‘dirty money’ controls
THE LOGO of the Financial Action Task Force (FATF) is seen at the OECD headquarters in Paris, France, Oct. 18, 2019. — REUTERS THE BANGKO Sentral ng Pilipinas (BSP) will continue to address deficiencies in its efforts […]
Industry group sees fighting chance to hit exports target
REUTERS PHILIPPINE EXPORTS are showing signs of a recovery, despite elevated inflation and rising pump prices, an official of the Philippine Exporters Confederation, Inc. (Philexport) said. “It is recovering, it is going up. Slowly but surely, it […]
Marcos orders buy-local for infra construction materials
PHILIPPINE STAR/ MICHAEL VARCAS THE PRESIDENT has ordered the Department of Trade and Industry (DTI) to draft a list of construction materials required by the infrastructure program ahead of the imposition of a buy-local policy on such […]
BoC counting on yearend surge to beat revenue target
PHILSTAR THE Bureau of Customs (BoC) said it expects to exceed its revenue target this year with collections expected to improve in the runup to the holidays. On the sidelines of a forum last week, Customs Assistant […]
Total electrification by 2028 to require funding of P71.97B — Energy dep’t
THE Department of Energy (DoE) said its various programs aimed at achieving total electrification by 2028 would require funding of P71.97 billion. In its 2023-2032 National Total Electrification Roadmap (NTER), the DoE said programs such as the […]
Budget to be submitted to Palace by mid-Dec.
BUDGET SECRETARY AMENAH F. PANGANDAMAN — DBM THE 2024 budget will likely be transmitted to the Office of the President by mid-December, Budget Secretary Amenah F. Pangandaman said. On the sidelines of an event on Friday, Ms. […]
Double Trouble
1 of 2 A POP-UP STORE shared by designers Rik Rasos (of Proudrace) and Randolph Santos (of Randolf) was announced via a poster on Instagram earlier this month. With Leah Navarro’s “Ligaw-Tingin” playing in the background, the […]
Michael Cinco pays homage to Spain
THIS YEAR’S Legacy gala ball is the next place to see renowned Filipino fashion designer Michael Cinco’s latest works, this time inspired by the vibrant culture of Spain. Titled “The Impalpable Dream of España,” his newest collection […]