MANILA, Philippines — The country’s external debt rose by 4.5 percent to hit a record high of $111.27 billion last year from $106.43 billion in 2021, as both the national government and the private sector borrowed more from offshore creditors, according to the Bangko Sentral ng Pilipinas. BSP Governor Felipe Medalla traced the increase to […]
Read MoreThe Finance Ministry stands ready to use tax measures to support the use of ethanol to produce bio-ethylene, a major feedstock used for making bio-based polyethylene, says a ministry source who requested anonymity. Commonly known as PE, polyethylene is a type of plastic used for making a variety of products, including packaging materials and bottles. […]
Read MoreKUALA LUMPUR, March 20 — Communications and Digital Minister Fahmi Fadzil has revealed top-line figures for Jendela Phase 1 which ended in Q4 2022. Based on the numbers, MCMC has exceeded its connectivity targets of Phase 1 and it is about to start Phase 2 which will further improve both fixed and wireless connectivity throughout the country. […]
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