Tag: Philippine Economy

Overseas Filipinos’ Remittances Grow by 3.2% in July 2024, Total Reaches $3.43 Billion

Bombo Radyo News - September 17, 2024

Remittances from Overseas Filipinos (OFs) increased by 3.2% in July 2024, reaching $3.43 billion, up from $3.32 billion in July 2023. The growth in...

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Rice Prices Stay High Despite Tariff Cuts, Experts Warn of Continuing Hikes

Bombo Radyo News - September 16, 2024

DAGUPAN CITY - The price of local and imported rice in the market across the country has remained high despite the tariff reductions implemented...

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Salceda Urges Focus on Corn Prices as Inflation Eases in August

Bombo Radyo News - September 8, 2024

Albay 2nd District Representative Joey Salceda has called on the economic managers of the Marcos Jr. administration to prioritize stabilizing the price of corn,...

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12 Onion Traders Accused of Involvement in Cartel Linked to 2022 Onion Crisis – PCC

Bombo Radyo News - September 5, 2024

The Philippine Competition Commission (PCC) has filed complaints against 12 traders and importers allegedly involved in cartel-like activities related to the 2022 onion crisis. According...

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Ph Debt Surpasses P15 Trillion Amidst Rising Government Spending

Bombo Radyo News - September 3, 2024

The Philippines' sovereign debt reached a new record high of P15.689 trillion as of July 30, 2024, according to data released by the Bureau...

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Moody’s Maintains Philippines’ Investment-Grade Credit Rating

Bombo Radyo News - August 23, 2024

Moody’s Investors Service has upheld the Philippines' investment-grade credit rating at “Baa2” with a “stable” outlook, citing key economic reforms, fiscal consolidation efforts, and...