The Philippine government is recalibrating its COVID-19 response to better manage risks and fast-track solutions on contact-tracing and the national ID deployment, said the National Economic and Development Authority (NEDA).
The Bangko Sentral ng Pilipinas (BSP) is expected to keep its accommodative stance this 2021 since inflation is expected to remain elevated most of the year
Metro Pacific Investments Corporation (MPIC) has continued to extend its full support to the government amid the challenges caused by the pandemic as it ramps up expansion and enables economic growth from infrastructure development
High liquidity situation in the domestic economy resulted in another decline in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) rates.
The Philippine Guarantee Corporation (PhilGuarantee) has continued to grow its program for viable but pandemic-hit micro, small and medium enterprises (MSMEs) for the third straight month since its launch in December 2020, with a total of PHP1.47 billion in loans guaranteed as of end-March this year.
The Anti-Red Tape Authority expects that the automation of services and processes in government agencies will help the country to achieve a higher score in this year’s Ease of Doing Business (EODB) Report of the World Bank
Doing business in the Philippines continue to improve, mainly due to the initiatives instituted by the Anti-Red Tape Authority (ARTA).
Department of Energy (DOE) Secretary Alfonso Cusi said Monday his office will still review the transaction between a unit of Udenna Corp. and Shell Philippine Exploration B.V. (SPEX) on the Malampaya gas field.