BREAKING: Duterte threatens to veto entire 2019 national budget President Rodrigo Duterte on Thursday threatened to veto the entire P3.757 trillion national budget for 2019. — Inquirer.net February trade deficit widened as exports fell 0.9% […]
‘Almost an invasion’: Protesters in Philippines slam Duterte for weak response over disputes in South China Sea Protesters descended on the Chinese embassy in Manila on Tuesday to oppose China’s growing sway in the Philippines, […]
Govt debt payments hit P99.8B in Feb Government debt payments rose in February as higher amortizations offset a decrease in interest payments, data from the Bureau of the Treasury showed. — The Manila Times IMF […]
Net ‘hot money’ flows reach $304M Foreign portfolio investments hit a net inflow of $304.83 million in mid-March, Bangko Sentral ng Pilipinas (BSP) data showed, lower from a net inflow posted a year earlier. — […]
Policy easing now more likely as inflation slows to 3.3% HEADLINE inflation slowed to a 15-month low of 3.3 percent in March, the Philippine Statistics Authority (PSA) reported on Friday, bolstering the chances that monetary […]
Philippines revises up Q4 GDP growth to 6.3 pct y/y The Philippine economy grew 6.3 percent in 2018’s fourth quarter from a year earlier, rather than the previously-announced 6.1 percent, the statistics agency said on […]
ADB reduces PH economic growth forecast to P6.4% The Asian Development Bank said Wednesday it reduced the 2019 growth forecast for the Philippines to 6.4 percent from the previous estimate of 6.7 percent following the […]
Rody starts budget scrutiny amid House-Senate row President Rodrigo Duterte is still “doing his homework” and scrutinizing the 2019 national budget, the Palace said on Monday, expressing optimism that he will sign the P3.757-trillion spending […]
Philippines Alarmed by Roughly 200 Chinese Ships Near Disputed Island More than 200 Chinese ships have been spotted near the Philippine-occupied Thitu Island in the South China Sea since the start of the year, triggering […]
Government borrowing rises 4.15% in February GOVERNMENT borrowing grew slightly in February driven by the issue of bonds and bills, the Bureau of the Treasury said. — BusinessWorld Online 14 farmers killed in Philippine police […]
Two-month investment pledges fell 23% to P102 billion Projects approved by the Board of Investments dropped 23 percent in the first two months to P101.72 billion from P131.61 billion a year ago, despite the surge […]
MADE IN CHINA: Loan terms with waivers, shrouded in secrecy The Philippine government has repeatedly downplayed fears of the country falling into what is dubbed as the Chinese debt trap. — Rappler Economists count budget […]