PH calls for urgent reform of the international financial architecture to support sustainable development of middle-income countries

The Philippines, through the Department of Finance (DOF), has called on the international community for urgent reform of the international financial architecture to provide tailored support to middle-income countries amid…

Comments Off on PH calls for urgent reform of the international financial architecture to support sustainable development of middle-income countries

Poorest households see negative inflation in June 2025—first since pre-pandemic; reflects govt’s sustained poverty-reduction efforts

The country’s bottom 30% income households recorded a deflation of -0.4% in June 2025—the lowest level since October 2019—reflecting the government’s sustained efforts to ease the burden on the most…

Comments Off on Poorest households see negative inflation in June 2025—first since pre-pandemic; reflects govt’s sustained poverty-reduction efforts

Agreement to boost PH-HK customs trade and combat illicit goods in the works

Finance Secretary Ralph G. Recto has directed the completion of a customs cooperative arrangement between the Philippines and Hong Kong aimed at strengthening trade facilitation while protecting consumers from the…

Comments Off on Agreement to boost PH-HK customs trade and combat illicit goods in the works