July 4, 2024

PH exceeds GNI per capita target in 2023

MANILA: The Philippines exceeded its Gross National Income (GNI) per capita target for 2023 under the Philippine Development Plan (PDP) 2023-2028 and is on track to becoming an upper middle-income country in the next two years, National Economic and D…

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Banks’ non-performing loan ratio up in May

MANILA: The Bangko Sentral ng Pilipinas (BSP) said the proportion of non-performing loans (NPLs) of Philippine banks to their total loans settled at 3.57 percent in May this year.

Data released by the BSP late Wednesday showed that the NPL

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PBBM vows improved Samar highway in 2025

TACLOBAN CITY: President Ferdinand R. Marcos Jr. on Friday assured the immediate repair of damaged sections of the primary highway in Samar province with the allocation of PHP1.4 billion this year.

Speaking to officials and residents of Samar Island …

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PSEi back to 6,500-level, peso strong

MANILA: The local bourse continued to strengthen, returning to the 6,500 level, while the Philippine peso also gained against the US dollar on Thursday.

The Philippine Stock Exchange index (PSEi) gained 0.89 percent closing at 6,507.49, with All Shar…

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