Finance

BOC surpasses revenue target for Q1 2023

The Bureau of Customs (BOC) on Monday, April 3, reported another strong collection performance surpassing its revenue target for the first 3 months of the year by 8.43%.

BSP official: PH inflation to be within gov’t’s target by 4Q of 2023 to 2024

By Katrina Gracia Consebido   A Bangko Sentral ng Pilipinas (BSP) official said the Bank expects the country’s inflation “to be within the government’s target” by the third or fourth quarter of 2023...

Gov’t needs catch-up plan to meet spending program: Diokno

The government needs to implement a program that will allow it to meet programmed spending and hit its growth target for the year.

Dominguez: Overcoming challenges of post-pandemic recovery ‘doable’ with BIR, taxpayers’ support

Finance Secretary Carlos Dominguez III said Thursday investing more in infrastructure, social services and climate action to stimulate growth as the government begins the urgent task of outgrowing its pandemic-induced debt...

SEC sets cap on interest rates, fees by lending firms

The Securities and Exchange Commission (SEC) and Bangko Sentral ng Pilipinas have set a cap on the interest rates and other fees charged by lending and financial companies, together with their...

LGUs’ COVID response spending reach P118.9-B as of June 2021

Local government units (LGUs) have spent P118.9 billion combined on COVID-19 response measures as of June 2021, of which P76.44 billion came from their own funds, and another P35.44 billion from...

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