MANILA – The proposed amendments to the Development Bank of the Philippines charter will allow the Department of Finance (DOF ...

Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.

The president continues to press his effort to remake global trade to address what he says is a system that is tilted against the US. “If the US is not willing, if it is bent on suppressing and ...

A News Desk StoryGovernment must intensify its fiscal consolidation efforts while implementing structural reforms to ensure economic resilience and long-term sustainability, the World Bank has said in ...