SEC releases draft implementing rules of FIST Act

The Securities and Exchange Commission (SEC) has released the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523,

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6 of 30 institutions correctly predicted Philippines’ GDP of -9.5% for 2020

A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’

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BSP Establishes Guidelines on Virtual Asset Service Providers

The Monetary Board (MB) approved the guidelines on virtual asset service providers (VASP), or entities that facilitate financial services through

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DOF launches anti-corruption website

The office of Finance Secretary Carlos Dominguez III has announced the launch of its “Information against Corruption Page” on the

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Sun Life expects PSE index to hit 8,000 in 2021, GDP to post 4-5% growth

Sun Life Philippines is expecting the Philippine economy to have a U-shaped type of recovery and a return to trend

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How the Covid-19 pandemic affected Philippine firms

The Covid-19 pandemic and the quarantine measures in response to it have badly impacted micro, small and medium enterprises (MSMEs),

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BSP reduces reserve requirements of thrift banks and rural and cooperative banks

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno announced a 100-basis-point reduction in the reserve requirements of thrift banks (TBs)

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Philippines’ overall BOP position posts US$2.43 billion surplus in May 2020; GIR level at all-time high of US$93.29

The Philippines’ overall balance of payments (BOP) position – a measure of the country’s economic transactions with the rest of

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