Economy

Dominguez not amenable to budget deficit beyond 3% of GDP

MANILA -- Finance Secretary Carlos Dominguez on Tuesday said he is willing to accept changes in the proposed tax reform measures but not the change in the deficit ceiling, which was placed...

House, DBM agree to push for ‘hybrid’ budgeting system: Andaya

MANILA -- The House of Representatives has reached a compromise with the Department of Budget and Management (DBM) to adopt a "hybrid" budgeting system for the 2019 national budget, House Majority Leader...

Dominguez says hefty investments fueling PH’s rapid growth

MANILA -- Finance Secretary Carlos Dominguez III said in a statement on Tuesday that the Philippines continues to be among the best performing economies in Asia, on the strength of higher foreign...

Rizal, Laguna, Davao del Norte lead most competitive provinces list

MANILA -- Rizal Province was named the country's most competitive province for a third year in a row, in the recently concluded 6th Regional Competitiveness Summit held at the Philippine International Convention...

Speaker, other solons hear Freeport locators’ concerns on TRAIN 2

MARIVELES, Bataan -- House Speaker Gloria Macapagal Arroyo  took time out Thursday afternoon to hear the concerns on the proposed second package of the Tax Reform for Acceleration and Inclusion (TRAIN) of...

Palace assures to sustain economic gains

MANILA -- Malacañang on Thursday assured the economic gains will be sustained with the Philippine economy forecasted to grow faster in the second half of the year. “We assure the public that the...

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