MANILA -- Budget and Management Secretary Benjamin Diokno is optimistic that state agencies are ready to implement projects even as allocation for the proposed PHP3.757 trillion 2019 national budget will only have...
MANILA -- The Philippine government is currently working on the funding mix for PHP52 billion of the five-year PHP62-billion budget for the rehabilitation and reconstruction of the devastated city of Marawi, the...
MANILA -- The Philippine government and Asian Development Bank (ADB) have signed an agreement covering an indicative USD7.1 billion sovereign lending program that will mainly support the Duterte administration’s “Build, Build, Build”...
MANILA -- The Philippine stock market closed Tuesday on a positive note to end the eight-day losing streak but the Philippine peso continued to slide against the US dollar.
The local currency finished...
MANILA -- While the Philippine peso was regaining strength against the greenback on Thursday, local stocks continued their decline, plunging more than 2 percent, sinking deeper into bear territory.
The local unit rose...
MANILA -- Budget Secretary Benjamin Diokno on Wednesday said the government has instituted measures to fast track the processing of foreign-assisted projects and to address underspending, as the country prepares for the...
