MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is adopting to regulatory technology (RegTech) solutions to strengthen its risk-based regulatory and supervisory activities. BSP Deputy Governor Chuchi Fonacier said the regulator has committed to a “sandbox” approach with regards to adoption of relevant regulatory and supervisory technology solutions for the banking system. The BSP […]
Read MoreMANILA, Philippines — The Philippines has achieved a 103 percent self-sufficiency for yellow corn last year, the Department of Agriculture (DA) said. Quoting a report from the Philippine Statistics Authority (PSA), Agriculture Secretary Emmanuel Piñol said total production in 2017 reached 5.8 million metric tons (MT) which translated to a net local production of 5.75 […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said the consumer price index would remain elevated, rising from 3.8 percent to 4.6 percent in March, amid more expensive electricity, weak peso, as well as higher oil and food prices. The central bank’s Department of Economic Research (DER) said it incorporated all recent developments and […]
Read MoreFilipino food manufacturers should innovate, adopt aggressive marketing strategies, and take advantage of business opportunities in Thailand’s packaged food sector, according to the Export Management Bureau (EMB). In its monthly Euromonitor Digest online publication, the bureau, an attached agency of the Department of Trade and Industry (DTI), said major distributors there want to offer unique […]
Read MoreMANILA, Philippines — Inflation in March likely hit 3.8-4.6 percent using 2012 as base year, the central bank said on Wednesday, as increased electricity rates and upswing in fuel prices probably pushed up prices of key consumer items for the month. The Bangko Sentral ng Pilipinas’ Department of Economic Research said its inflation forecast for […]
Read MoreMANILA, Philippines — The government has identified three product categories that could serve as new avenues for growth and expansion for Filipino exporters this year. The Philippine Exporters Confederation Inc. said organic, halal, and kosher products have been cited by the Department of Trade and Industry (DTI) as three consumer goods categories that would open […]
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Thailand
