Treasury: National government debt jumped P666b to P7.17t in October Outstanding national government debt jumped P666 billion or 10.2 percent over a 12-month period to P7.17 trillion as of October, data from the Treasury show. […]
Hardliners pull out Islam card on Jokowi The radical Indonesian cleric behind the push to jail former Jakarta governor Ahok for blasphemy has declared it unIslamic to vote for any parties who supported him — […]
MCIA-T2: $330 bln terminal boosts visitor arrivals and airport experience (video) A spectacular second terminal at Cebu airport not only raises Philippines’ airport infrastructure to world-class standards, but is also driving international and domestic tourism […]
A spectacular second terminal at Cebu airport not only raises Philippines’ airport infrastructure to world-class standards, but is also driving international and domestic tourism to Cebu City, one of the nation’s most significant historical and […]
Indonesia cancels part of plan to relax rules on foreign business role Indonesia has cancelled part of its plan to relax restrictions on foreign ownership of industries in order to keep some sectors only for […]
Philippines gets $300 million PPP infrastructure loan The Asian Development Bank (ADB) approved a $300 million loan on August 20 to support the Philippines’ efforts to strengthen private sector participation in the government’s “Build, Build, […]
Doomed Lion Air jet was ‘not airworthy’ on penultimate flight A Lion Air jet that crashed into the sea off Indonesia last month was not in an airworthy condition on its second-to-last flight, when pilots […]
Govt spent P571b for infra projects in first nine months Finance Secretary Carlos Dominguez III said Wednesday he welcomes the plan of Congress to conduct an inquiry on the alleged underspending by the Duterte administration, […]
Indonesia to keep CPO export tax at zero, cocoa at 5 pct for Dec Indonesia will keep the export tax for crude palm oil (CPO) at zero and the export levy for cocoa at 5 […]
Philippines, China set out 10-yr infra cooperation program The Philippines and China have set out a ten-year cooperation program on infrastructure that is hoped to outlive the term of President Rodrigo Duterte, according to a […]
Lion Air promises to give IDR1.3 billion compensation money to families of all JT-610 victims despite 64 remaining unidentified Indonesian authorities officially ended the identification process of Lion Air JT-610 crash victims last Friday, even […]
Fiscal gap swells as spending surges in Oct 2018 The country’s fiscal deficit ballooned by 175 percent to P59.9 billion in October from only P21.8 billion a year ago as revenue failed to keep up […]