UAE, Philippines Central Banks Sign Deal for Streamlined Financial Transactions
The Central Bank of the United Arab Emirates and Bangko Sentral ng Pilipinas signed an agreement to develop financial cooperation and streamline transactions.
S&P Global Revises Rating Outlook on Philippines to Stable; Sovereign Rating of BBB+ Affirmed
S&P Global Ratings has affirmed the Philippines' sovereign credit rating at "BBB+/A-2" but revised its outlook to stable from positive, citing external pressures from the Middle East conflict.
Philippines Posts 165.4 Billion Pesos Budget Surplus in January on Strong Revenues, Lower Spending
The Philippine national government recorded a budget surplus of 165.4 billion pesos in January, more than doubling last year's 68.4 billion pesos, driven by steady revenue growth and a sharp decline in expenditures.