Finance

State-owned Development Bank of the Philippines (DBP) has completed disbursement of funds under the P1-billion interest rate subsidy program covering local government units (LGUs) in the implementation of their respective COVID-19 response and recovery interventions, a top official said.

Land Bank of the Philippines (Landbank) is among the country's best banks in 2023, according to a list released by Forbes.

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%.

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...

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

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...