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PH calls for coordinated climate finance at OECD event

PARIS – The Climate Change Commission (CCC) has underscored the importance of coordinated efforts and inclusive financing mechanisms for developing nations. Speaking at the Organisation for...

CDO aims local pottery, weaving industries revival

CAGAYAN DE ORO CITY – The city government plans to revitalize its traditional pottery and weaving industries as part of a broader effort to promote...

P723M invested for 2 new ecozones in Cavite

MANILA – The Philippine Economic Zone Authority (PEZA) said the two newly proclaimed special economic zones in Cavite province have investment amounting to PhP723...

BSP sees September inflation setling within 2% to 2.8%

MANILA – The Bangko Sentral ng Pilipinas (BSP) expects September inflation to settle within 2 percent to 2.8 percent. "Negative base effects along with lower prices...

PH hot money records net inflows in August

MANILA – Foreign portfolio investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized banks recorded net inflows of USD533.95 million in August. Data released...

Foreign Currency Deposit Units lending down in Q2 2024

MANILA – Outstanding loans granted by Foreign Currency Deposit Units (FCDU) of banks declined in the second quarter of 2024 as principal repayments exceeded disbursements. Data...

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