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Category: General

Monetary policy, inflation in 2023

MANILA: Risks from elevated inflation rate and external factors kept the Philippine monetary authorities on their toes in 2023.

And while the policymaking Monetary Board (MB) tightened further the Bangko Sentral ng Pilipinas’ (BSP) key rates to a 16-…

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4.1-M minimum wage earners get pay hikes in 15 regions

MANILA: At least 4.1 million minimum wage earners have benefited from the salary adjustments in 15 regions in 2023.

‘A total of 15 wage orders were issued by the RTWPBs (Regional Tripartite Wages and Productivity Boards) for workers in the private se…

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