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Sri Lanka's leftist leader stuck with painful IMF deal
Sri Lanka's new leftist leader has little room to renegotiate an International Monetary Fund (IMF) bailout that threw a ...
BusinessWorld3d
PHL prices still high, household spending to remain subdued, ANZ Research says
ELEVATED PRICES will continue to dampen household spending in the Philippines, ANZ Research said. “In the Philippines, high food prices and rebuilding of savings have constrained household ...
IMF board approves $7 billion Pakistan loan agreement
Washington: The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its ...
Philippine Daily Inquirer4d
BSP defends sale of gold reserves
The Bangko Sentral ng Pilipinas (BSP) justified its move to sell some of the country’s gold holdings, saying it only took ...
BusinessWorld4d
Energy dep’t seeking up to $250M to derisk exploration for geothermal investors
THE PHILIPPINES may need to obtain an initial $250 million to derisk projects for potential geothermal developers, the Department of Energy (DoE) said. “The de-risking facility is about $250 million,” ...
philstar.com4d
Philippines tops global gold sales in 1H 2024; BSP cites 'active strategy'
The Bangko Sentral ng Pilipinas disclosed that it sold gold during the first half of the year, following a report identifying ...
Sri Lanka's new leftist leader Anura Kumara Dissanayake dissolves parliament, calls snap polls
Colombo: Sri Lanka's new leftist president dissolved parliament on Tuesday and called a snap election as he prepares to ...
Dissanayake's push for Sri Lanka economic change leaves IMF deal, debt rework in limbo
Sri Lanka's new president won the election decisively, but his toughest task still lies ahead as he seeks to balance promises ...
International Monetary Fund6d
Navigating External Shocks in Southeast Asia's Emerging Markets: Key Lessons and Challenges in Applying the IMF’s Integrated Policy Framework
As relatively small open economies, South-East Asian emerging markets (Indonesia, Malaysia, Philippines and Thailand or ASEAN-4) are highly susceptible to external shocks—both financial and real—that ...