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Philippines
Tuesday, May 28, 2024

Darwin G. Amojelar

PH seen becoming 13th biggest market by 2030

The Philippines is seen becoming the world’s 13th biggest consumer market by 2030, fueled by a growing middle class, Finance Secretary Ralph Recto said...

Smart warns of ‘fake cell towers’ scam

Smart Communications Inc. on Monday warned the public about a new scam involving “fake cell towers,” allowing scammers to bypass the telco’s network and...

2024 revenue collection on track

The Department of Finance (DOF) said Monday the government is on track to meeting its 2024 revenue goal. “With total revenues already reaching P1.5 trillion...

SMC still keen on Pasig River Expressway

San Miguel Corp. (SMC) is still keen on pursuing its P81.53-billion proposal to build the Pasig River Expressway (PAREX), after previously announcing it is...

Recto: BSP rate cut ‘very much possible’ in August

Finance Secretary Ralph Recto said Monday he expects the Bangko Sentral ng Pilipinas (BSP) to reduce the key interest rates by August 2024. “That’s very...

TRB stops study of Pasig River Expressway

The Toll Regulatory Board (TRB) said it paused the evaluation process for the Pasig River Expressway (PAREX) project after San Miguel Corp. decided to...

Gov’t gross borrowings dropped nearly 60% to P50.1b in April—Treasury

The government’s gross borrowings fell 59.9 percent in April 2024 due to lower external financing, according to the Bureau of the Treasury. Data from the...

AIIB approves $1.1-b loan for Bataan-Cavite bridge

THE Asian Infrastructure Investment Bank (AIIB) said Friday it approved a funding of up to $1.14 billion for the construction of the Bataan-Cavite Interlink...

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