Page 8 - Jun Neri News Today

Analysts expect this legislation to steer the economy on a "positive" track, but stressed the need for stringent regulations.

Bank lending grew in December last year as economic recovery goes underway.

Foreign trade grew 25.4% year-on-year to $17.7 billion in December.

Cash remittances coursed through banks in November last year inched up 5.1% year-on-year to $2.5 billion.

Gross international reserves amounted to $108.9 billion as of December 2021, inching up 1.1% month-on-month, the central bank reported on Thursday

But analysts believe the fresh wave won’t derail recovery as the country learns to live with the virus.

There were no fireworks for local financial markets on the last trading day of 2021.

Housing prices in the country bounced back in the third quarter after two straight quarters of decline.

Full utilization of Bayanihan 2 funds would have reduced PH economic contraction, says lawmaker enablePagination: false endIndex: Metro Manila (CNN Philippines, February 10) — The impact of the economic decline in the Philippines would not have been as bad had the government been more aggressive in the disbursement of the ₱162.5-billion funds under the Bayanihan to Recover as One Act or Bayanihan 2, a congressman said on Wednesday. Marikina Rep. Stella Quimbo said economic contraction woul...

Good News Pilipinas BPI: Strict biosecurity needed to survive and thrive amid African Swine Fever The Bank of the Philippine Islands (BPI) says hog raisers in the country need to improve their risk management standards and sustainability consciousness and that they must push for a stricter biosecurity program as the African Swine Fever (ASF) outbreak continues to hound the Philippine agriculture. ASF has already taken a big toll on the country’s pig population. The key to survivin...