Economy

Central Luzon posts vibrant economic growth in 2017

CITY OF SAN FERNANDO, Pampanga -- Central Luzon demonstrated economic vibrancy in 2017 fueled by the significant growth of major productive sectors in the region. Severino Santos, regional director of the National...

PCSO revenue up 32% at P47-B

MANILA -- The Philippine Charity Sweepstakes Office (PCSO) on Friday reported that the agency's revenue from January to November 2017 reached record-high, earning almost PHP47 billion, which is 32% higher than its...

S&P PH 2017 growth forecast corresponds with gov’t target: Palace

MANILA -- Presidential Spokesperson Harry Roque on Thursday welcomed the latest outlook of S&P Global Ratings on the country’s growth by 6.6 percent for 2017, higher than its previous outlook of 6.4...

Reforms, infra buildup to boost PHL image as investment haven

A combination of tough bureaucratic and economic reforms, a long-due tax system overhaul and an unprecedented infrastructure buildup is guaranteed to enhance the country’s image as an investment haven at a...

DOF focusing on 3 initiatives to improve ease of doing business

The Department of Finance (DOF) is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr. Dennis Reyes...

BLGF urged to strengthen LGU fiscal autonomy

The Department of Finance (DOF) has challenged its bureau overseeing local treasury financing and revenue administration to continue developing innovative programs to strengthen the fiscal autonomy of local government units (LGUs)...

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