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World Bank President Jim Yong Kim announced January 7, 2019 that he would step down in February, less than halfway through his second five-year term (AFP / MANILA BULLETIN)World Bank President Jim Yong Kim announced January 7, 2019 that he would step down in February, less than halfway through his second five-year term (AFP / MANILA BULLETIN)

World Bank to name new president by mid-April

By Agence France-Presse The World Bank Board said Thursday it would start accepting nominations for a new leader early next month and name a replacement…


A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BSP okays additional FX policy liberalization

By Lee Chipongian  The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved another round of foreign exchange (FX) policy liberalization to give banks…



A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

GIR at $78.46 billion for 2018

By Lee C. Chipongian The country’s gross international reserves (GIR) reached $78.46 billion in 2018, which is less than the hoped-for original estimate of $80…