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EconomyForex

Blinken to hold talks with Central Asian nations in wake of Ukraine anniversary

By
February 28, 2023
1 Mins read
US Secretary of State Antony Blinken. Official White House Photo by Cameron Smith via Flickr. ASTANA, Kazakhstan – US Secretary of State Antony Blinken arrived in Central Asia…
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EconomyForex

North Korea’s Kim orders ‘fundamental transformation’ of agriculture amid reports of food shortages

By
February 28, 2023
2 Mins read
KCNA VIA REUTERS SEOUL – North Korean leader Kim Jong Un urged government officials to engineer a “fundamental transformation” in agricultural production, state media reported on Tuesday, amid fears…
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EconomyForex

US awards nearly $1 billion to airports in infrastructure grants

By
February 28, 2023
1 Mins read
L FILIPE C SOUSA-UNSPLASH WASHINGTON – The Federal Aviation Administration said Monday it is awarding nearly $1 billion to 99 US airport terminal projects under a 2021 $1…
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EconomyForex

Japan, Australia may conduct South China Sea patrols with US, Philippines – ambassador

By
February 28, 2023
3 Mins read
US NAVY/HANDOUT VIA REUTERS/FILE PHOTO MANILA – The Philippines is in talks to possibly include Australia and Japan in planned joint South…
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EconomyForex

BSP targets to reduce RRR to 10%

By
February 27, 2023
2 Mins read
DAVID DVORACEK-UNSPLASH THE BANGKO SENTRAL ng Pilipinas (BSP) will likely cut banks’ reserve requirement ratio (RRR) to 10% to encourage them to…
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EconomyForex

PEZA approves P3.8-B investments in February

By
February 27, 2023
2 Mins read
THE PHILIPPINE Economic Zone Authority (PEZA) approved P3.8 billion worth of investments in February, more than double the investments approved a year…
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EconomyForex

Manila needs to show better enforcement to exit FATF ‘gray list’

By
February 27, 2023
2 Mins read
A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS THE PHILIPPINES will need to improve law…
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EconomyForex

Debt-to-GDP ratio seen to ease after 2024 — PIDS

By
February 27, 2023
2 Mins read
Economic managers are targeting 6-7% GDP growth this year, slower than the 7.6% GDP expansion in 2022. — PHILIPPINE STAR/WALTER BOLLOZOS THE…
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EconomyForex

Meralco core net income rises 10% to P27 billion

By
February 27, 2023
2 Mins read
MANILA Electric Co. (Meralco) reported a 10.2% increase in consolidated core net income to P27.11 billion in 2022 from P24.61 billion a…
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EconomyForex

Philex Mining income down nearly 27% to P1.8B

By
February 27, 2023
2 Mins read
PHILEX Mining Corp. saw its attributable net income drop by 26.9% in 2022 to P1.8 billion from P2.43 billion a year earlier…
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