THE GOVERNMENT’S fiscal deficit closed in on the program in the nine months to September, according to latest cash operations data from the Bureau of the Treasury (BTr) on Monday that showed state spending growth continuing to outpace an increase in revenues.

MANDALUYONG CITY’S locally-generated revenue — a measure of its fiscal independence — declined 25.25% in 2017 to P3.90 billion, the sharpest fall among the...

THE PHILIPPINES placed fifth among the nine economies of the Association of Southeast Asian Nations (ASEAN) covered by the Global Competitiveness Report 2018-2019, which measures a country’s standing using a set of criteria that determine level of productivity, and 56^th globally among 140 economies on the list. 

CASH remittances slipped in August from a year ago due to lower inflows from the Middle East, the central bank said on Monday, which...

THE COUNTRY’s merchandise trade deficit lingered above the $3-billion mark for the fifth straight month this year in August as a pickup in export growth that month failed to offset a slower increase in imports, according to data the Philippine Statistics Authority (PSA) reported on Wednesday.