By Joann Villanueva/PNA
MANILA -- National Treasurer Rosalia De Leon attributed the government's budget surplus in January 2019 to a slowdown in spending due to the fact that it is operating on...
By Joann Villanueva/PNA
MANILA -- The Chinese government's announcement of fiscal stimuli reverberated across regional markets, boosting sentiments locally and resulted in the rise of the Philippines’ main equities gauge Monday but...
BSP PR/PNA
MANILA -- Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno, announced in a statement over the weekend that the Philippines’ outstanding external debt stood at USD79.0 billion as of end-2018,...
By Joann Villanueva/PNA
MANILA -- Philippines’ main equities gauge ended the week on a positive note but the peso finished the trade sideways as investors remain jittery as they await the eventual outcome...
By Joann Villanueva/PNA
MANILA -- Economic managers on Wednesday cut economic growth targets for 2019-20 due to the projected impact of the re-enacted budget this year.
In a briefing after the meeting of...
By Joann Villanueva/PNA
MANILA -- Profit-taking lifted the peso against the US dollar Wednesday and the Philippine Stock Exchange index (PSEi) was buoyed by expectations of cuts in banks’ reserve requirement ratio...