Deficit-to-GDP ratio eases to 2.1% in Q1 The national government’s fiscal deficit as a share of the country’s gross domestic product (GDP) narrowed in the first quarter as expenditure effort declined due to the delay […]
SC orders government to comment over writ of kalikasan The Supreme Court (SC) gave the government yesterday (May 14) 10 days to comment on the protection order issued to protect, preserve and rehabilitate the marine […]
Infra, capital spending dips to P59.7B in March STATE infrastructure and capital spending fell to P59.7 billion in March on account of the limitations of the reenacted budget the government was forced to operate on […]
Foreign direct investments up by 20% in February 2019 Foreign direct investments (FDIs) rose by 20% to $746 million in February, the Bangko Sentral ng Pilipinas (BSP) said on Friday, May 10. — Rappler Beijing’s […]
Philippine GDP growth slowed to 5.6% in Q1 As lawmakers scrambled for pork and delayed the approval of the P3.7-trillion 2019 national budget, reenacted appropriations at the start of the year slashed 1 percentage point […]
PH trade deficit widens to $9.8B in Q1 as Chinese imports surged Merchandise exports dropped for the fourth straight month in March while imports sustained growth for three consecutive months partly due to a surge […]
Inflation eases to 16-month low of 3% Inflation rate in April eased to a 16-month low of 3 percent from 3.3 percent in March, prompting economists to believe that the Bangko Sentral ng Pilipinas may […]
Malacañang backs probe into Chinese-only establishments Malacañang supports an investigation into establishments and other businesses that reject Filipino customers and cater only to Chinese nationals. — Rappler Senate not confident of passing budget reform SENATORS […]
Investment pledges surged 47% to P286.7b in 4 months Investment pledges jumped 46.5 percent in the first four months to P286.7 billion from P195.7 billion a year ago on the back of a significant increase […]
April Philippine factory reading lowest in 9 months Growth in Philippine manufacturing eased in April amid a slight improvement to the country’s business conditions, according to monthly tracking done by IHS Markit for Nikkei Inc. […]
Money supply in slow growth of 4.2% in March MONEY supply circulating in the economy reached P11.4 trillion by the end of the year’s first quarter, posting a slow growth from its level in the […]
Economy likely grew ‘above 6%’ in Q1 The Philippine economy likely grew slightly above the lower end of the administration’s target in the first three-months of the year after the national government operated under a […]