Home2023March (Page 25)

Shoppers are seen in Divisoria, Manila. — PHILIPPINE STAR/WALTER BOLLOZOSBy Keisha B. Ta-asan, ReporterTHE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday slowed its pace of monetary tightening as it raised its benchmark rate by 25 basis points (bps) and signaled a likely pause at its

A vendor walks under the colorful umbrellas displayed in Sampaloc, Manila. — PHILIPPINE STAR/EDD GUMBANTHE PHILIPPINE ECONOMY is expected to grow at a slower pace this year, reflecting the high unemployment, rising interest rates, and elevated inflation. In a report, McKinsey & Co. Philippines said