RECENT NEWS

Category: Asenso Pinas

PH Reserves Hit $106.7B in Feb 2025 – What It Means

The Philippines’ money in its savings, known as foreign reserves, grew bigger in February! The Bangko Sentral ng Pilipinas (BSP) reported that the country’s Gross International Reserves (GIR) reached $106.7 billion, a jump from $103.3 billion in January. 🔍 Why Did It Increase? This rise happened because:✅ The government deposited more dollars into the BSP […]
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Marcos to take part in Indo-Pacific efforts to promote green energy, address supply chain disruptions

SAN FRANCISCO, USA— President Ferdinand “Bongbong” Marcos Jr. on Friday (PH Time) participated in the 2nd Indo-Pacific Economic Framework for Prosperity (IPEF) Leaders’ Meeting as he committed to implementing measures that prevent supply chain disruptions and promote green energy. In their statement, the heads of states said they have delivered their goals on time as […]
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VP Sara”s P650 million confidential funds can be revived in Bicam -Pimentel

The P650-million confidential funds requested by Vice President Sara Duterte for the Office of the Vice President (OVP) and the Department of Education (DepEd) can be restored during the bicameral conference, Senate Minority Leader Aquilino “Koko” Pimentel III said Friday. “‘Yan ang katotohanan na hindi maganda sa bicam na anything goes po doon… Theoretically speaking, […]
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BSP says risks to inflation still on the upside

Facade of the Bangko Sentral ng Pilipinas in Manila. (BSP/Released) MANILA — The Philippine central bank sees risks to the inflation outlook leaning heavily to the upside, a member of its policymaking monetary board said on Thursday. Monetary Board Member Romeo Bernardo, speaking at an economic forum, also said inflation was seen at 6.2% in 2023 and […]
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