Economy

Duterte admin’s first year investment milestones

The strong commitment of President Rodrigo Roa Duterte to promote inclusive economic growth in the country is slowly yielding positive results, a Cabinet official said on Tuesday, June 27. Speaking before members...

Protection of migrant workers sought

The labor department has sought global action to guarantee the protection and promotion of the rights and welfare of migrant workers. Addressing the Committee on Labor Migration, a major committee of the...

General gov’t debt-to-GDP ratio down

The share of the Philippines’ general government (GG) debt to gross domestic product (GDP) went down anew to 34.6 percent at end-December from year-ago’s 36.2 percent, an indication the country’s robust...

PHL gov’t budget gap up 15% in May ’17

Philippine budget gap reached PHP 63.6 billion in May this year, 15 percent lower than the PHP 75.1 billion deficit in the same month last year. Data released by the Bureau of...

BSP keeps rates steady anew

MANILA, June 22 -- The Bangko Sentral ng Pilipinas (BSP) on Thursday kept key rates steady as widely expected on projections that inflation will remain manageable. Thus, the overnight borrowing or reverse...

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