MANILA -- Finance Secretary Carlos Dominguez III said in a statement on Friday that record remittances from 54 government-owned and -controlled corporations (GOCCs) will go a long way in helping the Duterte...
MANILA -- Budget Secretary Benjamin Diokno on Thursday denied that a compromise between lawmakers and the Department of Budget and Management (DBM) regarding the cash-based budget implementation in 2019 has been reached.
On...
MANILA -- Finance Secretary Carlos Dominguez III has maintained that the draft federal constitution contains ambiguous provisions on the allocation of expenditures for the would-be federated government and its federated regions, which...
MANILA -- The lower-than-expected growth of the Philippine economy in the second quarter of 2018, which was at a lackluster six percent, resulted in the negative close of the Philippine Stock Exchange...
MANILA -- The Monetary Board (MB) on Thursday raised key interest rates by another 50 basis points, in a decision which did not surprise the market. The increase, which takes effect August...
MANILA -- Risk-on sentiment lifted local equities but a wait-and-see stance resulted in the sideways close of the peso on Wednesday.
The Philippine Stock Exchange index (PSEi) recovered and went up 1.63 percent,...
