Marcos certifies 2023 budget bill as urgent
Philippine President Ferdinand R. Marcos, Jr. on Monday certified as urgent the proposed P5.268-trillion national budget for next year, citing the need for continuous government operations.
More fake news, more at stake as national elections draw near
BRIX JUSTINE R. PAGTALUNAN, a millennial voter, thinks his relatives are unlikely to vote for opposition candidates at next year’s elections.
BPM companies told English fluency ‘won’t make the cut anymore’
By Krista A. M. Montealegre
National Correspondent
THE Philippines is putting a brave face in the fight to preserve its place among the world’s top outsourcing...
Another BSP off-cycle rate hike likely, economist says
THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected to raise rates by another 75 basis points (bps), an economist from the Bank of the Philippine Islands (BPI) said.
Megawide, 2 Japanese firms secure P13-B subway deal
A JOINT VENTURE composed of two Japanese construction companies and Megawide Construction Corp. bagged the P13.26-billion contract to build the two stations of the Japan-funded Metro Manila Subway, the Department of Transportation (DoTr) said.
Online gaming fuels record-high office space demand
PHILIPPINE offshore gaming operators (POGOs) have fueled Philippine office space demand to a record-high 1.7 million square meters (sq.m.) in 2019, according to a report released by real estate service firm Leechiu Property Consultants (LPC) on Monday.
Gov’t debt service bill jumps by 33% in July
THE National Government’s (NG) debt service bill increased by 33% in July as the government ramped up interest payments, the Bureau of the Treasury...
PHL eyes $500-M disaster response loan from World Bank
By Jenina P.Ibañez, Senior Reporter
The Philippines plans to tap a $500 million World Bank disaster response loan to help fund rehabilitation efforts from Typhoon...
BSP seen hawkish till first half of next year
DEUTSCHE BANK expects the Bangko Sentral ng Pilipinas (BSP) to raise policy interest rates until the first half of 2019, taking cue from more “hawkish” statements of policy makers in past weeks.
May inflation likely surged past 5%
INFLATION likely surged past 5% in May as food and oil prices continued to climb amid tight global supply, according to analysts.
Casinos now under dirty money watch
By Ian Nicolas P. Cigaral
Reporter
A MAJOR GAP in the country’s anti-money laundering defense has been closed after President Rodrigo R. Duterte signed into law...
Finance dep’t touts sustained fiscal performance as of May
THE GOVERNMENT’S “impressive” fiscal performance was sustained in May, the Finance chief said, adding that this showed successful implementation of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law.