The Philippines' public debt as a share to gross domestic product (GDP) rose in the third quarter alongside slower economic growth, even as private-sector debts continued to fall before the onset of downward interest rates. The latest Global Debt Monitor of the Washington-based Institute of...
Philippine debt levels as a share to the economy fell across-the-board in the first half of 2024, according to the latest data from the Washington-based Institute of International Finance (IIF), underscoring the "double-edged sword" wrought by the previously elevated interest rate environment. The...
This year's US presidential election and the Philippines' midterm polls next year, among other geopolitical and climate events, pose risks to near-term economic outlook here and abroad, according to the Washington-based Institute of International Finance (IIF). "Political uncertainties and policy...
The Institute of International Finance (IIF) reported the Philippines as a leader in investor relations (IR) practices among emerging markets and developing countries. In the latest 2024 IIF Investor Relations and Debt Transparency Report, the Philippines received a score of 48.8 out of 50,...
Filipino families tend to be more cautious and conservative in their approach to debt when compared to their neighbors in Southeast Asia. With a debt ratio of only 12.6 percent, Philippine households recorded the lowest debt burden compared to those in Indonesia, Vietnam, Singapore, Malaysia, and...
The Food and Drug Administration (FDA) has issued a warning to healthcare professionals and the general public, advising against the "purchase and use" of a specific medical device designed for measuring blood pressure. Courtesy of FDA The device in question, FDA said, has not...
New coal power plant projects in the Philippines had been on steep decline since the issuance of a moratorium by the Department of Energy in 2020, according to advocacy group Global Energy Monitor. “Coal plant proposals in the Philippines have been rapidly shrinking since the 2020 moratorium on...
A House leader wants the Department of Trade and Industry (DTI) to strictly monitor the prices of noche buena items amid the holiday season. (Unsplash) For this purpose, House Committee on Social Services Vice Chairman and Quezon City 5th district Rep. PM Vargas filed House Resolution (HR) No.612...
To ensure solid waste management compliance of local government units (LGUs), the Department of Environment and Natural Resources-Environmental Management Bureau (DENR-EMB) has recently upgraded its online system by adding a feature that will record the amount of waste collected, hauled, and...
New Covid-19 cases in the country are now lower than the numbers before the Omicron surge occurred, the Department of Health (DOH) said on Monday, May 2. Shoppers flock to bargain stores along Ilaya Street in Divisoria, Binondo, Manila, on Oct. 14, 2021. (Photo by Ali Vicoy) Health Undersecretary...
The Department of Health (DOH) reported on Monday, March 28, a total of 2,726 new Covid-19 cases recorded in the past week. People flock to Ilaya in Binondo, Manila on Jan. 2, 2022. Metro Manila will be under Alert Level 3 starting Jan. 3 until Jan. 15, 2022 due to the rise of COVID-19 cases. (ALI...
The Department of Health (DOH) reported on Monday, March 21 that it recorded 3,572 new Covid-19 cases in the past week. People flock to Ilaya in Binondo, Manila on Jan. 2, 2022. Metro Manila will be under Alert Level 3 starting Jan. 3 until Jan. 15, 2022 due to the rise of COVID-19 cases. (ALI...
