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PH debt prepayment not dependent on US interest rate normalization – De Leon

MANILA, Aug. 2— National Treasurer Rosalia De Leon said the Philippine government will not be aggressive in prepaying its foreign …

Excess campaign funds boosts President Duterte’s ’16 income

HONG KONG–President Rodrigo R. Duterte on Saturday attributed the increase of his 2016 income to the excess campaign contributions in …

Incoming BSP chief vows to promote greater financial inclusion

MANILA—The Duterte administration’s bid to elevate the lives of the poor got another boost. This as incoming Bangko Sentral ng …

PHL budget deficit may rise to 4% of GDP if tax reform will not include revenue-enhancing measures

MANILA—The Department of Finance (DoF) foresees a rise in the share of government’s budget deficit to as much as four …

PHL gov’t debt reaches Php 6.2T in Q1 ’17

MANILA—Outstanding liabilities of the Philippine government rose to Php 6.2 trillion at the end of the first quarter of 2017 …

PSEi up 0.55%, peso touches 50-level against US dollar

MANILA—The Philippines’ main equities index posted gains Tuesday while the peso closed slightly lower as the country’s financial markets resume …

PHL’s M3 slows down as bank lending remains strong

MANILA—Philippines’ domestic liquidity, or M3, posted a lower year-on-year growth of 11.2 percent in March 2017 amid the faster expansion …

PHL positive credit ratings show inherent strength of economy

MANILA—The monetary and fiscal chiefs of the Philippines on Tuesday said last week’s affirmation by Standard & Poor’s (S&P) of …

PHL budget deficit down 17 % to Php 61.5 B in March

MANILA—The country’s budget deficit declined to Php 61.5 billion in March 2017, down 17 percent from Php 74.4 billion a …

DOF exec allays fears on multi-stakeholder review of mining operations in PHL

MANILA—Department of Finance (DOF) spokesperson Paola Alvarez on Thursday doused fears that results of a multi-stakeholder review on mining operations …

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