‘Traffic light’ system to help BSP in sustainable financing
THE Bangko Sentral ng Pilipinas (BSP) will employ a traffic light system in determining if certain financing activities are considered sustainable.
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THE Bangko Sentral ng Pilipinas (BSP) will employ a traffic light system in determining if certain financing activities are considered sustainable.
THE country’s manufacturing performance improved on the back of increased foreign demand for Filipino goods, among others, according to Standard & Poor’s Purchasing Managers’ Index (PMI).
THE country is still not producing enough “quality” jobs despite the lifting of restrictions on economic activities, which were imposed during the pandemic, according to the Trade Union Congress of the Philippines (TUCP).
ECONOMIC activities such as those in the real-estate sector as well as consumer loans led to a double-digit growth in bank lending in March 2023, according to data from the Bangko Sentral ng Pilipinas (BSP).
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