Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla attends an economic briefing in Pasay City, July 26, 2022. — REUTERS/LISA MARIE DAVID The Philippines central bank may keep on matching the Federal Reserve’s next rate increases should domestic inflation continue to quicken, according to

Latest projections of various major organizations like the International Monetary Fund, World Bank, Asian Development Bank, and ASEAN+3 Macroeconomic Research Office place Philippine economic growth around the lower end of the government’s own target, keeping the country in the ranks of the faster-growing economies

A man types on a computer keyboard in this illustration picture taken on Feb. 28, 2013. — REUTERS/KACPER PEMPEL/FILE PHOTOSYDNEY — Cyberattacks against Australia from criminals and state-sponsored groups jumped last financial year, with a government report released on Friday equating the assault to one

REUTERSFear and dread spread across Twitter Inc. offices on Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts that were planned to hit about half of the staff, according to current and former employees and message board posts shared with Reuters.Since

CHRISTOPHER BILL/UNSPLASHLONDON — The Bank of England (BoE) raised interest rates by the most since 1989 on Thursday but warned investors that the risk of Britain’s longest recession in at least a century means borrowing costs are likely to rise less than they expect.The BoE

PIXABAYDemands from developing countries for richer nations to help them pay for the damage caused by climate change and fund the shift towards a low-carbon future look set to dominate the next round of global climate talks starting in Egypt on Sunday.Despite repeated calls for

Globe Telecom Inc. is pursuing mobile stock trading and lending to unserved consumers as growth from its traditional business tapers off, President Ernest L. Cu said.Globe, which counts Singapore Telecommunications Ltd. and conglomerate Ayala Corp. as its largest shareholders, is building its lending business through

A wide variety of fish at the Marikina Public Market. — PHILIPPINE STAR/ WALTER BOLLOZOSPhilippine annual inflation accelerated to 7.7% in October, the highest since December 2008 and up from the previous month’s 6.9%, the statistics agency said on Friday.Last month’s inflation rate was

ICTSI.COMThe country’s balance of trade deficit narrowed in September after imports growth slowed to a 19-month low while exports ended its two-month slump, the Philippine Statistics Authority (PSA) reported on Friday.The total import bill reached $11.978 billion in September, up 14.1% year on year, preliminary