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End-January Philippine debt balloons to P14.79 trillion — Treasury
The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Diokno proud to leave DOF in better state of affairs
"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
Maiqui padayon nga nagpatambal, nagpasalamat kang Robi: Fighting!
Bisan pa man sa iyang ka busy sa iyang trabaho, gisiguro ni Robi Domingo nga makuyogan ang iyang asawa nga si Maiqui Pineda sa iyang treatment session sa ospital. Padayon nga nagpatambal si Maiqui sa iyang rare autoimmune disease nga gitawag og “dermatomyositis,” usa ka “uncommon inflammatory condition characterized by muscle weakness and skin rash.” Sa.....»»
Filipino workforce lacks soft skills to adapt to digital age: gov t study
MANILA, Feb. 6 (Xinhua) -- Filipino workers lack soft skills, making it hard for them to adapt to the digital age, such as artificial intelligence and fast-emerging technologies, according to a government study released on Tuesday. Toward Measuring Soft Skills for Youth Development: A Scoping Study, a study conducted by the Philippine Institute for Development Studies, reveals that the Filipinos' weakness in sof.....»»
Red Sea crisis exposing EU energy weakness - FT
Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising p.....»»
Marcos commits to sign NIR bill into law
President Marcos yesterday committed to sign a measure seeking to create the Negros Island Region, which is now being transmitted to Malacañang by the House of Representatives for his approval......»»
Marcos vows to sign Negros Island Region Act
Marcos vows to sign Negros Island Region Act.....»»
Marcos vows to sign Negros Island Region Act
Marcos vows to sign Negros Island Region Act.....»»
Marcos vows to sign Negros Island Region Act
Marcos vows to sign Negros Island Region Act.....»»
K-pop group Unis with Filipino members to hold fan sign tour in Manila, Cebu
Filipino K-pop singers Gehlee Dangca and Elisia Parmisano along with Filipino-Korean Jin Hyeonju will be visiting the Philippines in May for the fan sign tour of their group, Unis......»»