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DBM releases P2.8B to DPWH for upgrading of health facilities
The Department of Budget and Management (DBM) released P2.8 billion to the Department of Public Works and Highways (DPWH)...
The Bangko Sentral ng Pilipinas (BSP) is assessing the banking industry’s capitalization requirement under Basel 3 norms and would like to know...
Published: Aug 6, 2013
National Treasurer Rosalia de Leon said yesterday that the on-going offer of the 10-year retail treasury bond already attracted sufficient demand...
Published: Aug 6, 2013
The Bangko Sentral ng Pilipinas (BSP) has a slightly higher foreign exchange (FX) swap position at the end of the first half at $2.93 billion compared to the...
Published: Aug 5, 2013
The national government’s debt payments declined by 12.7 percent in the first semester of the year to P316.38 billion from P362.79 billion in the same period.
Published: Aug 5, 2013
The Bangko Sentral ng Pilipinas (BSP) is reviewing ways to resolve the taxation and distribution issues for the cross-selling of trust and investment products..
Published: Aug 5, 2013
The Department of Finance (DOF) has remained discontented with the Bureau of Internal Revenue’s (BIR) performance in collecting the controversial value-added.
Published: Aug 5, 2013
The Department of Finance (DOF) has raised the issue of “measurability of benefits” that the local economy is supposed to enjoy in exchange for the tax and.
Published: Aug 5, 2013
Fitch Ratings has upgraded the Yuchengco-owned Rizal Commercial Banking Corp.’s Long-Term issuer default ratings (IDRs) to...
Published: Aug 4, 2013
The Bangko Sentral ng Pilipinas (BSP) is reviewing the volume of outsourced banknotes as they increase the domestic production...
Published: Aug 4, 2013
The Bureau of Internal Revenue (BIR), the government’s main tax agency, is confident that it can double its collections by 2015...
Published: Aug 4, 2013
Tokyo-based Rating and Investment Information, Inc. (R&I;) has raised the Philippines’ rating outlook from stable to positive, signaling...
Published: Aug 4, 2013
The Department of Budget and Management (DBM) released P250 million for the redevelopment of Roxas Boulevard ahead of two major international conferences that..
Published: Aug 3, 2013
The Department of Finance (DOF) wants the port accreditation and post audit functions of the Bureau of Customs to be transferred to the Bureau of Internal...
Published: Aug 3, 2013
Philippine bonds are proving Asia’s best bet on speculation Moody’s Investors Service will be the last of the three major rating companies to boost the nati
Published: Aug 3, 2013
The Department of Budget and Management said that public spending on infrastructure and other Capital Outlays (CO) reached P125.5 billion...
Published: Aug 2, 2013
The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying program on Wednesday...
Published: Aug 2, 2013
The Bangko Sentral ng Pilipinas (BSP) yesterday reported that bank lending growth slowed down in June to 12.3 percent compared to 13.3 percent in May.
Published: Aug 1, 2013
The Federal Reserve holds a monetary policy meeting this week amid intense speculation about the timing of a wind-down of massive stimulus...
Published: Jul 31, 2013
The Bangko Sentral ng Pilipinas sees inflation staying “well within” the target range this year and next, enabling it to keep interest rates unchanged...
Published: Jul 31, 2013
The national government is looking at exceeding its budget deficit ceiling this year due to lower than expected revenues from the two main-tax agencies...
Published: Jul 31, 2013
The national government sold an initial P100 billion in retail Treasury bonds (RTBs) during its price-setting auction yesterday, more than three times...
Published: Jul 31, 2013
BERJAYA
As US President Barack Obama narrows his choices to head the Federal Reserve, focus in Washington has centered on two brilliant economists with divergent...
Published: Jul 30, 2013
The government borrowed P247.07 billion in the first-semester of the year, lower by 36 percent compared with P387.46 billion in the same period last year...
Published: Jul 30, 2013
The Bangko Sentral ng Pilipinas (BSP) is maintaining its externally managed portfolios (EMPs) at $10 billion for now as part of its “cautious” strategy in..
Published: Jul 30, 2013
The Bureau of Internal Revenue (BIR) may likely fail in meeting its individual income tax collection target for this year despite the agency’s intensified...
Published: Jul 30, 2013
Just over half of the companies in the Standard & Poor
Published: Jul 29, 2013
The Bangko Sentral ng Pilipinas (BSP) expects total loans approved under its credit enhancing program to help the micro, small and medium enterprises...
Published: Jul 29, 2013
The national government expects a revenue windfall of P2.67 billion this year from the recently enacted excise tax law, data from the Department of Finance...
Published: Jul 29, 2013
BERJAYA
The Philippine Health Insurance Corporation (PhilHealth) received P11.89 billion in financial assistance from the national government in June and largely...
Published: Jul 29, 2013
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