BSP, NEDA see inflation further easing this year

MANILA – The Bangko Sentral ng Pilipinas (BSP) and the National Economic and Development Authority (NEDA) are optimistic that headline inflation will continue to ease in the...

BSP: 70% of adult Filipinos will have bank accounts in 2023

How you can future-proof your career in the era of AI

Ever since the industrial revolution, people have feared that technology would take away their jobs. While some jobs and tasks have indeed been replaced by machines,...

Bank account closures don’t just affect ‘politically exposed persons’ – sex workers have struggled with financial exclusion for years

The fallout over the closure of Nigel Farage’s bank account has shed light on how financial institutions handle “politically exposed persons”, whom they may view as...

Palm oil: The myth of corporate plantation efficiency is failing Indonesians and furthering inequality

Palm oil is found in half the products sold in supermarkets and in biofuels. Around 50 per cent of the world’s supply is grown in Indonesia,...

ARTA on PPA monitoring system: No sound legal, empirical basis

MANILA – The Anti-Red Tape Authority (ARTA) has issued a re-evaluation report on the Philippine Ports Authority (PPA) Administrative Order No. 04-2021, or the Trusted Operator Program-Container...

Standard Chartered projects 5.3% growth for PH economy

MANILA — Standard Chartered on Friday maintained its 5.3 percent economic growth outlook for the Philippines this year. In a virtual briefing, Standard Chartered economist for...

Auto industry proof Bulgaria can develop in the sector — Radev

SOFIA, Bulgaria – President Rumen Radev said the automotive industry is “living proof” that Bulgaria could develop in the sector. “The automotive industry is the living proof that...

Peso, stocks nearly flat after Fed raises interest rate

MANILA – The stock market and local currency both traded sideways on Thursday. The benchmark Philippine Stock Exchange index (PSEi) slipped by 1.21 points, or 0.02...