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Posted on June 26, 2023

Glowing lava spills from Mayon Volcano amid heightened unrest in the Philippines

Glowing lava spilled from Mayon Volcano amid heightened unrest in the Philippines today. Video shows molten rock flowing down the slopes of the volcano in Albay province in the early
Posted on June 26, 2023

Philippines Agrees $1.14 Billion Loans With World Bank for Environment, Farming

The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14 billion, including $750 million of budgetary support for policy reforms to boost environmental …
Posted on June 26, 2023

Philippines Agrees $1.14 Billion Loans With World Bank for Environment, Farming

The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14 billion, including $750 million of budgetary support for policy reforms to boost environmental …
Posted on June 26, 2023

World Bank provides loans to support economic recovery in Philippines

Philippine Finance Secretary Benjamin Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed the loan agreements. The Philippine Department of Finance (DOF) said 276 million …
Posted on June 25, 2023

Philippine Finance Secretary Sees ‘Long Pause’ in Rate Hikes

Philippine Finance Secretary Benjamin Diokno speaks during an economic briefing following President Ferdinand Marcos Jr’s first State of the Nation Address, in Pasay City, Metro Manila, Philippines, …
Posted on June 25, 2023

Philippine Finance Secretary Sees ‘Long Pause’ in Rate Hikes

Philippine Finance Secretary Benjamin Diokno speaks during an economic briefing following President Ferdinand Marcos Jr’s first State of the Nation Address, in Pasay City, Metro Manila, Philippines, …
Posted on June 25, 2023

Philippines plans RM206bil in borrowing to fund 2024 budget

MANILA, June 23 (Reuters): The Philippines will borrow 2.46 trillion pesos (US$ … Medalla is completing the unfinished term of predecessor Benjamin Diokno, the current finance secretary. A decision …
Posted on June 25, 2023

Philippines may import more dairy this year

The Philippines may import more dairy this year on the back of higher demand from consumers and the processing industry, according to the Food and Agriculture Organization of the United Nations.
Posted on June 25, 2023

Interest rates to remain high in Philippines

Economists of foreign banks expect a prolonged high interest rate regime in the Philippines, as they ruled out possible rate cuts by the Bangko Sentral ng Pilipinas this year due to upside …
Posted on June 25, 2023

India to strengthen Ayurveda presence in the Philippines

The Indian Embassy in Manila has expressed its commitment to working with the Philippine government to mainstream the practice of Ayurveda, the ancient Indian system of medicine, in the Philippines.

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