
Maria SantosFinance
Philippine Central Bank Lifts Key Rate to 5% to Tackle Sticky Inflation
The 25-basis-point increase comes despite second-quarter economic growth slowing to 2.3 per cent.
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The 25-basis-point increase comes despite second-quarter economic growth slowing to 2.3 per cent.

Digital payment methods now account for 64.7 percent of all retail transactions by volume in the Philippines, according to the Bangko Sentral ng Pilipinas. This marks a substantial increase from previous years and exceeds central bank targets.
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