Noticias de dinero

FCDU outstanding loans declined in the first quarter

LOANS issued by foreign currency bank deposit units (FCDUs) declined in the first quarter of 2023 as principal repayments exceeded repayments, Bangko Sentral ng Pilipinas (BSP) reported on Friday. The central bank said in a statement that FCDU loans stood at $15.5 billion at the end of March, down 2.1% from the $15.8 billion registered

READ MORE
Global

Far-right uprising undermines LGBTQI+ rights in Europe

As Pride month draws to a close, activists warn that public debate on a range of issues is becoming more polarized and violent. Going out in fear, letting go of a partner’s hand, or avoiding public displays of affection are increasingly common in seemingly free and tolerant European cities. Madrid, the capital of Spain, is

READ MORE
Noticias de dinero

NIA and PPC Center team up for irrigation projects

The National Irrigation Administration (NIA) on Thursday approved irrigation projects worth 37.9 billion pesos to be implemented through a public-private partnership. The NIA Board and the Center for Public-Private Partnerships (PPP) have signed a memorandum of agreement that aims to maximize the use of the latter’s technical services to build the former’s capacity. This will

READ MORE
Noticias de dinero

China’s PMI declines for third month

BEIJING: China’s manufacturing activity contracted for the third consecutive month in June, signaling an uneven recovery for the world’s number two economy amid falling global demand and commodity prices, official data released on Friday showed. The readings come as the government faces calls to unveil new measures to kick-start growth, which has slowed in the

READ MORE