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US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
Budget gap widens to P273 billion in 3 months
The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»
RHI widens net loss to P360 million
The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»
GCash widens global reach
Overseas Filipino workers may connect their GCash accounts with foreign banks by the second quarter of the year, expanding the financial services they can access in the e-wallet......»»
SMC launches PHL’s first complete biodiversity offset Site in Bulacan
San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. This pioneering initiative marks the launch of the Philippines’ first Biodiversity Offset Program (BOP) — part of the company’s nature-based solutions to building its New Manila International Airport project (NMAI) in ….....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
Road rage in Mandaue: LTO-7 to issue show cause order against drivers involved in fistfight
MANDAUE CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) will issue show cause orders against the two drivers involved in a road rage incident in J.P Rizal St., Barangay Tabok, Mandaue City last Tuesday, Jan. 23. In a statement on Friday, Jan. 26, the LTO-7 said that the viral video reached the.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 20
COLOMBO -- The population of mosquitoes in Sri Lanka that transmit the dengue virus has increased by 29.5 percent, state media reported on Saturday, quoting the National Dengue Control Unit (NDCU). The NDCU said the increase occurred in the second week of January compared to the first week, as 2,951 dengue cases were reported from Jan. 8 to 14. (Sri Lanka-Dengue-Increase) - - - - MANILA -- Rescuers.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 20
COLOMBO -- The population of mosquitoes in Sri Lanka that transmit the dengue virus has increased by 29.5 percent, state media reported on Saturday, quoting the National Dengue Control Unit (NDCU). The NDCU said the increase occurred in the second week of January compared to the first week, as 2,951 dengue cases were reported from Jan. 8 to 14. (Sri Lanka-Dengue-Increase) - - - - MANILA -- Rescuers.....»»
Fiesta Señor Fluvial Procession 2024: Coast Guard grants permit to 183 vessels
CEBU CITY, Philippines – A total of 183 vessels have already registered for the Fiesta Señor fluvial procession 2024 scheduled on Saturday, Jan. 20. The number was based on number of applications received and approved by the Coast Guard District Central Visayas as of 10 a.m. on Wednesday, Jan. 17. The deadline for the submission.....»»
Mandaue: Avoid fines, pay taxes by Jan. 20
Mandaue: Avoid fines, pay taxes by Jan. 20.....»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Residential electricity rates up by P0.19/kWh for Jan-Feb billing.....»»
NBA: Nuggets make it 3-0, push Lakers to brink of elimination
The Denver Nuggets rallied to push LeBron James and the Los Angeles Lakers to the brink of elimination from the NBA playoffs on Thursday. The defending champion Nuggets erased a 10-point first-quarter deficit to beat the Lakers 112-105 in Los Angeles. READ MORE: NBA: Sixers get boost from Embiid’s 50 points to beat Knicks NBA:.....»»
Murray buzzer-beater lifts Nuggets over Lakers
Jamal Murray fired the game-winner at the buzzer as the NBA champion Denver Nuggets erased a 20-point deficit to beat the Los Angeles Lakers, 101-99, and take a 2-0 lead in their Western Conference playoff series......»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»
Philippines total external trade up 9.7 pct in February
MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»