BSP ready to handle currency volatility | The Manila Times
THE Bangko Sentral ng Pilipinas (BSP) is ready to address foreign exchange volatility amid pressures from a strong dollar, its top official said.
Source: manilatimes.net
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Businessman claims Rs.50 Mn from Gota, Mahinda, Basil - Breaking News
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Source: dailymirror.lk
Think tank: growth in 2024 likely below 6-7%
THE country’s economic growth will likely disappoint given the El Niño phenomenon and rising inflation, according to analysts of the US-based Global Source Partners think tank. In an economic brief, Global Source Partners analysts Diwa Guinigundo and Wilhelmina Manalac said the country’s growth may be lower than the 6 to…
Source: businessmirror.com.ph
'CA decision hinders fight against malnutrition'
The decision of the Court of Appeals (CA) to halt the commercial release of genetically modified (GM) crops could adversely affect the country’s efforts to fight malnutrition, according to a member of the Monetary Board (MB). MB Member V. Bruce J. Tolentino, who was a former Deputy Director General of…
Source: businessmirror.com.ph
Government keeping growth goals despite risks
HIGHER-FOR-LONGER interest rates and current geopolitical risks that threaten to cause a spike in oil and food prices are not enough reasons for the national government to give up on its growth targets this year, according to the country’s chief economist. Socioeconomic Planning Secretary Arsenio M. Balisacan noted the optimism…
Source: businessmirror.com.ph