BSP Governor Calls Q2 Economic Growth 'Disappointing'
Economy

BSP Governor Calls Q2 Economic Growth 'Disappointing'

Bangko Sentral ng Pilipinas Governor Eli Remolona expressed disappointment with the Philippines' most recent economic growth figure for the second quarter, though he qualified it as "not that bad." The statement highlights concerns over the country's economic momentum.

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  • Foreign investment approvals surge 68% to P115 billion in Q2

    Approved foreign investment commitments by investment promotion agencies in the Philippines surged 68% year-on-year to P115 billion in the second quarter, with manufacturing activities receiving the largest share, according to the Philippine Statistics Authority (PSA).