Philippines’ manufacturing PMI indicates modest advancement in January The Philippines manufacturing sector saw a moderate improvement in business conditions in January, according to the survey. — Nikkei Asian Review (paywall) Bicam scraps ‘insertions’ for flood […]
PH drops 9 places in global economic freedom ranking The Philippines achieved an economic freedom score of 63.8, making the economy the 70th freest in the 2019 Index of Economic Freedom (IEF), the Heritage Foundation […]
Money supply and bank loans sustain growth Both money supply and bank loans sustained their expansion last year amid strong demand for credit, data from the Bangko Sentral ng Pilipinas show. — Manilastandard.net Bicam panel […]
2019 budget in last-minute trouble at bicameral talks WEDNESDAY validated expectations of “bloody” bicameral conference committee talks on the proposed P3.757-trillion national budget for this year, with no less than the Senate president threatening to […]
2018 Corruption Index: Philippines improves 12 notches to 99th The Philippines’ ranking has improved 12 notches in the 2018 Corruption Perceptions Index (CPI) conducted by the global anti-corruption watchdog Transparency International. — The Philippine Star […]
Senators firm up schedule to front-load budget bill SENATORS on Monday moved to firm up the timetable for Congress to front-load passage of the P3.757-trillion 2019 budget bill, amid reports that the delayed enactment of […]
Double-tap bomb kills 18 at Philippines mass A double bomb attack during services at a Roman Catholic cathedral killed at least 18 people on a southern Philippines island. — Bangkok Post/ AFP Q1 GDP growth […]
Economic team lists risks as growth slows to 6.2% THE reenacted budget and the 45-day ban on government spending in preparation for the elections will delay the Duterte administration’s “Build, Build, Build” (BBB) program, according […]
Gov’t keeps 7-8% growth target this year THE GOVERNMENT will hold on to its 7-8% growth target this year, according to Finance Secretary Carlos G. Dominguez III who noted the Philippines has room to stand […]
Senate allots P68 billion for unfunded laws ADOPTING Senate President Pro Tempore Ralph Recto’s amendment, senators agreed to set aside P68 billion in the proposed 2019 national budget to bankroll unfunded laws set for enactment, […]
GDP growth picks up to 6.8% in 2018 fourth quarter — Moody’s unit Philippine economic growth likely picked up in the fourth quarter of last year after slumping in the third quarter due to higher […]
Evacuations ordered as ‘Amang’ nears landfall Authorities have ordered mandatory evacuations in areas prone to floods and landslides, and the suspension of classes in Bicol region, particularly in Camarines Sur and Albay provinces, as Tropical […]