Philippines morning news for January 2
Additional fuel excise tax now in effect Filipinos will pay more for fuel at the beginning of 2019 because of an additional excise tax provided by law. — CNN Philippines PH economic team carve out […]
Philippines morning news for January 1
Duterte gov’t tally: ‘Drug war’ deaths breach 5,000-mark before 2019 Just before 2018 came to a close, President Rodrigo Duterte’s campaign against illegal drugs launched on July 1, 2016 has tallied over 5,000 persons killed, […]
Philippines morning news for December 31
‘Usman’ leaves at least 59 dead, 18 missing Regional authorities said at least 59 people are dead in the Bicol Region and Eastern Visayas in the wake of Tropical Depression Usman, which downgraded to a […]
Philippines morning news for December 28
NG’s budget deficit widens to P39.1 B in November The national government’s (NG) budget deficit widened in November as revenue collections moderated during the month amid the administration’s robust spending, data from the Bureau of […]
Philippines morning news for December 27
Hot money seen to end ‘18 with net outlfow of $100 million The Bangko Sentral ng Pilipinas said it expects foreign portfolio investments or hot money to end with a $100-million net outflow in 2018, […]
Philippines morning news for December 26
ARMM records P20-B investments in 2012-2018 THE REGIONAL Board of Investments (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM) recorded P20.07 billion investments in the period 2012-2018. — BusinessWorld Online Govt debt payments drop […]
Philippines morning news for December 25
Net ‘hot money’ hits $1.09B as of early Dec Foreign portfolio investments hit a net inflow of $1.092 billion early in December, Bangko Sentral ng Pilipinas (BSP) data showed, rebounding from a net outflow posted […]
Philippines morning news for December 24
Investment pledges hit record P907.2b in 2018 The Board of Investments registered record investment pledges of P907.2 billion in 2018, up 47 percent from the previous all-time high of P616.8 billion in 2017. — Manilastandard.net […]
Philippines morning news for December 21
Fitch reaffirms Philippines investment grade, flags overheating risks Fitch Ratings yesterday cautioned the Philippines about overheating risks, including strong credit growth and wider current account shortfall, as it reaffirmed the country’s investment grade credit rating. […]
Philippines morning news for December 20
BoP position improved to $847-m surplus in November The balance of payments position swang to a surplus of $847 million in November from a deficit of $44 million in October, lifted by the foreign exchange […]
Philippines morning news for December 19
External debt service rises by 11% in September The country’s external debt service burden was up by 11 percent year-on-year to $5.88 billion end- September, based on Bangko Sentral ng Pilipinas (BSP) data. — Manila […]
Philippines morning news for December 18
Remittances up 2.9% to USD26.5-B at end-October Personal remittances from overseas Filipinos (OFs) for the first 10 months of the year reached USD26.5 billion, equivalent to a 2.9 percent year-on-year growth. — Philippine News Agency […]