PHL’s foreign debt service bill falls to $10B at end-Sept.
THE COUNTRY’S external debt service burden fell to $10.08 billion as of end-September due to lower principal and interest payments, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Go: Economy back on track by Q1
FINANCE Secretary Frederick D. Go is confident the economy will be back on track by the first quarter, once individuals linked to the flood...
Philippines improves seven spots in Government AI Readiness Index
THE PHILIPPINES climbed seven spots in the Government AI Readiness Index by Oxford Insights but scored low in securing artificial intelligence (AI) infrastructure and resilience.
PHL stocks end flat before two-day trading break
PHILIPPINE STOCKS ended a tad higher on Tuesday on last-minute buying as players mostly stayed on the sidelines and took safe positions before the...
Peso weakens further on dollar demand
THE PESO dropped on Tuesday on increased demand for the dollar before the holidays.
The local unit closed at P58.85 per dollar, declining by 12...
BoI investment approvals reach P977B as of mid-Dec.
THE DEPARTMENT of Trade and Industry (DTI), through the Board of Investments (BoI), endorsed last week 29 more projects worth P124.81 billion, bringing year-to-date approvals to P977 billion, which is only over half of the agency’s P1.7-billion full-year target.
NG to borrow P824 billion locally in Q1
THE NATIONAL GOVERNMENT (NG) plans to borrow up to P824 billion from domestic sources in the first quarter of 2026, the Bureau of the Treasury (BTr) said on Tuesday.
Marcos to sign 2026 nat’l budget on Jan. 5 — Recto
PHILIPPINE President Ferdinand R. Marcos, Jr. will sign the 2026 General Appropriations Act (GAA) on Jan. 5, 2026, according to Executive Secretary Ralph G. Recto on Tuesday.
NG budget deficit shrinks to P157.6 billion in November
THE NATIONAL Government’s (NG) budget deficit sharply narrowed in November as expenditures contracted for a fourth month in a row, and revenue growth remained...
IMF: Philippines must sustain fiscal consolidation
The Philippines should sustain its gradual fiscal consolidation to strengthen its fiscal space and external balance, and ultimately lower its debt-to-gross domestic product (GDP)...
Peso may move sideways as market activity slows down
THE PESO may continue to consolidate at the P58 level on Friday as trading activity winds down amid the holidays, with fiscal concerns and...
BSP could stand pat on policy rates – GlobalSource
The Bangko Sentral ng Pilipinas (BSP) may choose to keep its key interest rates unchanged to preserve available monetary policy space and weigh the...