Economy
Avail amnesty now, DOLE urges stranded OFWs
The Department of Labor and Employment (DOLE) yesterday made a last minute call to undocumented overseas Filipino workers (OFWs) in the Kingdom of Saudi Arabia (KSA) to immediately register and avail...
Economy
Duterte admin’s first year investment milestones
The strong commitment of President Rodrigo Roa Duterte to promote inclusive economic growth in the country is slowly yielding positive results, a Cabinet official said on Tuesday, June 27. Speaking before members...
Economy
Protection of migrant workers sought
The labor department has sought global action to guarantee the protection and promotion of the rights and welfare of migrant workers. Addressing the Committee on Labor Migration, a major committee of the...
Economy
General gov’t debt-to-GDP ratio down
The share of the Philippines’ general government (GG) debt to gross domestic product (GDP) went down anew to 34.6 percent at end-December from year-ago’s 36.2 percent, an indication the country’s robust...
Economy
PHL gov’t budget gap up 15% in May ’17
Philippine budget gap reached PHP 63.6 billion in May this year, 15 percent lower than the PHP 75.1 billion deficit in the same month last year. Data released by the Bureau of...
Economy
BSP keeps rates steady anew
MANILA, June 22 -- The Bangko Sentral ng Pilipinas (BSP) on Thursday kept key rates steady as widely expected on projections that inflation will remain manageable. Thus, the overnight borrowing or reverse...
