The US Federal Reserve held interest rates steady on Wednesday, resisting intensifying political pressure from President Donald Trump, even as new economic data revealed stronger-than-expected headline growth. The Federal Open Market Committee (FOMC) voted to keep its benchmark rate in the range of 4.25 to 4.5
ACAA to Hold Conference on Arts, Culture, and Humanitarian Issues in AfghanistanFeltham, UK – The Afghanistan and Central Asian Association (ACAA) will be hosting a two-day conference to commemorate the four-year anniversary of the fall of Kabul. The event will take place at the Griffin
A delegation from the Beijing Municipal Bureau of Finance, accompanied by a group of Hong Kong investors, made a visit to Dunbai International’s flagship physical store in Mayfair, London on July 15, 2025. The purpose of the visit was to discuss potential international collaborations in
Celestin Pepin holds a B.A. degree in economics and participated in the CFA Program at the CFA Institute, completing Level III in 2024 and becoming a charterholder in 2025. This article will take a closer look at the role of CFA and the skills revolution
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REUTERS/THOMAS WHITE/ILLUSTRATIONTHE NATIONAL GOVERNMENT’S (NG) outstanding debt jumped to a fresh high P17.27 trillion as of end-June, data from the Bureau of the Treasury (BTr) showed. The latest data from the BTr showed outstanding debt rose by 11.5% from P15.48 trillion in the same month
Workers unload sacks of rice from a trailer truck. The Philippines posted a trade deficit of $3.95 billion in June. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE Philippines’ trade-in-goods deficit narrowed to $3.95 billion in June, as double-digit export growth was driven by frontloading in the run-up
Travelers wait to check in at a counter at the Ninoy Aquino International Airport Terminal 3. — PHILIPPINE STAR/RYAN BALDEMORBy Aubrey Rose A. Inosante, ReporterANALYSTS are urging the Philippine government to abolish the “outdated” travel tax, but the Department of Finance (DoF) has warned this
Commuters get off a train at a Light Rail Transit (LRT) Line 1 station. — PHILIPPINE STAR/RYAN BALDEMORBy Adrian H. Halili, ReporterPHILIPPINE EMPLOYERS expect to see a decline in their salary budgets in 2026, which could affect potential pay hikes for private sector workers, global
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits continued to drop on Wednesday, even as the shorter tenor went undersubscribed, following signals of a potential rate cut next month.The central bank’s term deposit facility (TDF) fetched bids amounting to just P88.578 billion on
BANGKO SENTRAL ng Pilipinas Deputy Governor Bernadette Romulo-Puyat — BSP FACEBOOK PAGETHE BANGKO Sentral ng Pilipinas (BSP) is set to issue new guidelines this year that will allow banks to offer their customers insurance products from multiple providers.“A draft circular amending the cross-selling guidelines is
BW FILE PHOTOTHE Supreme Court (SC) has ruled that the income taxes of private contractors in the Malampaya natural gas project are included in the government’s 60% share of the project’s net proceeds, effectively reversing a Commission on Audit (CoA) finding that flagged over P53