PHL posts BOP surplus of $467 million in February THE Philippine economy continued to earn dollars in February due mainly to gains from the foreign-exchange operations of the Bangko Sentral ng Pilipinas (BSP), the government […]
Budget surplus reaches P44.5b as spending falls The government posted a budget surplus of P44.5 billion in January, or more than four times higher than the P10.2-billion surplus recorded a year ago, as revenues rose […]
Philippines out of ICC amid drug war inquiry The Philippines was officially out of the International Criminal Court on Sunday, though the beleaguered tribunal has pledged to pursue its examination of alleged illegal killings in […]
‘Hot money’ flowed into PHL for second straight month FOREIGN investors continued to place “hot money” in the Philippines in February, as the latest data from the Bangko Sentral ng Pilipinas (BSP) showed sustained foreign […]
Philippines cuts 2019 GDP growth target, cites budget squabble The Philippines on Wednesday cut its 2019 GDP growth target to 6-7%, from 7-8%, citing a delay in final legislative approval of the budget, and the […]
Palace: Duterte, Congress leaders to resolve budget CONGRESS LEADERS were scheduled to meet last night with President Rodrigo R. Duterte to discuss the impasse between the Senate and the House of Representatives on the proposed […]
Philippines gets $9.8 billion FDI in 2018, posts first drop in three years Foreign direct investment (FDI) in the Philippines fell for the first time in three years in 2018 to $9.8 billion, nearly 4.5 […]
Gov’t borrowings reach P947 B in 2018 The national government’s total borrowings rose to P947.55 billion in 2018 as it increased its credit from foreign lenders and other development partners, according to the Bureau of […]
When China brought the hammer down on the ivory trade at the end of 2017 it was good news for elephants, but not so good for species such as the pangolin, or scaly anteater, as […]
The lives of millions Indonesians could be about to change forever. They’re about to get access to the Internet. However, the high price and slow data speeds might mean that many remain ‘offline’. The radical […]
Japan grants 1.9 billion kip for natural resource management in Savannakhet The government of Japan has provided grant assistance worth more than 1.9 billion kip (US$223,114) to support a project dedicated to agricultural and natural […]
Foreign reserves rise to 28-month high of $82.9 billion The gross international reserves climbed to $82.9 billion in February, the highest in 28 months, boosted by the inflows from the foreign exchange operations of the […]