Elevated interest rates may contribute to slower gross domestic product (GDP) expansion in the second half of 2024.
This was based on the highlights of the Monetary Board’s policy meeting on June 27, 2024 when it decided to keep the overnight borrowing rate at 6.5 percent. The Monetary Board is the policy-making body of the Bangko Sentral ng Pilipinas (BSP).
“Domestic growth prospects remain intact for 2024 and 2025, based on...
The national government’s budget deficit fell in June from a year ago, on stronger revenue collection.
Data from the Bureau of Treasury show that the...
BDO Unibank Inc., the country’s largest lender, said Wednesday it raised P55.7 billion from the issuance of its third peso-denominated ASEAN sustainability bonds.
BDO said...
