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Philippines readies global bonds sale in Q1

MANILA: The Philippines is looking to issue sovereign bonds in the first quarter of the year to help finance this year’s budget, its finance minister said, signalling the government is stepping up efforts to upgrade the nation’s infrastructure. Finance Secretary Carlos Dominguez told a news conference the bond offering could happen between January and February, […]

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Philippines ready vs potential shocks — BSP

MANILA, Philippines — Monetary authorities in the country are ready to face potential shocks this year as they continue to lay down foundations for sustained economic growth, the central bank chief said yesterday. Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr., in his speech during the joint meeting of the Rotary Clubs of Manila, Makati […]

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Philippines: Inflation steadies in December

MANILA, Philippines — The Philippines’ full-year inflation rate settled within the government’s target, with the consumer price index steadying in December, the country’s statistics agency reported Friday. According to the Philippine Statistics Authority, headline inflation last month rose to 3.3 percent from a year ago — the same pace clocked in November and within the […]

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