Steady, not strong as SE Asia faces 2019 growth worries
SINGAPORE — Last year, economists predicted Southeast Asia would be blessed with a strong and vibrant 2018.
Reform hopes fade in China
BEIJING -- President Xi Jinping’s rule in China has been marked by a muscular stance in many areas -- from corruption to foreign policy...
BIR collection barely exceeds target in Feb.
THE Bureau of Internal Revenue (BIR) collected P134.27 billion in revenues in February, barely exceeding its collection goal as economic recovery remains sluggish.
Palace to lawmakers: Speed up 2026 national budget deliberations
MALACAÑANG on Tuesday urged lawmakers to hasten the passage of the proposed 2026 national budget to avoid a reenacted spending plan.
BSP sees Dec inflation at 3.6%-4.4%
MANILA - Philippine inflation likely settled within the range of 3.6%-4.4% range in December, the central bank said on Friday.
Higher prices of rice and...
PHL stocks decline further before Fed symposium
PHILIPPINE STOCKS dropped further on Tuesday due to the absence of fresh leads, with investors looking ahead to the US Federal Reserve’s Jackson Hole...
Gov’t sees 2020 GDP shrinking by 6%
ECONOMIC MANAGERS now expect full-year gross domestic product (GDP) to settle at the low end of its forecast range, as the return to a strict lockdown for two weeks in August slowed the economic recovery.
New vehicle sales down by 8.7% in November
NEW vehicle sales in the Philippines continued to slump in November, amid a double-digit drop in sales of passenger cars, an industry report showed.
AMRO cuts Philippine growth outlook
The Philippine economy is expected to grow by 4.3% this year — slower than originally expected — due to recurring coronavirus infection surges in the region, according to the ASEAN+3 Macroeconomic...
Foreign direct investments fall in March
FOREIGN direct investments (FDI) declined to a four-month low in March, dragged by lower equity capital flows amid global uncertainties, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
Downtrodden peso may extend drop on Philippine rating risk
July was a brutal month for the Philippine peso and there appears to be little respite on the horizon.Â
DBM issues budget call for 2026
The Department of Budget and Management (DBM) has called on government departments and agencies to start preparing their budget proposals for 2026.
Budget Secretary Amenah...