Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
How safe is our space?
Safe Spaces Act (Bawal Bastos Law) or the Republic Act No. 11313 was enacted into law in April 2019. It was signed by former President Rodrigo Duterte to increase protection against sexual harassment whether online or in the physical space. This covers all forms of gender-based sexual harassment (GBSH) committed in public spaces, educational or training institutions, workplaces, and online spaces......»»
Remittances grow at slower 2.7 Percent pace in January
Personal remittances from overseas Filipino workers (OFWs) grew by only 2.7 percent to $3.15 billion in January from $3.07 billion in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP)......»»
12 people jailed over storming of legislature in 2019 protests
12 people jailed over storming of legislature in 2019 protests.....»»
Peza approves P14.951B investments from January to March
Peza approves P14.951B investments from January to March.....»»
Lapu-Lapu police nab ‘masterminds’ in murder of night market collector
LAPU-LAPU CITY, Cebu — Policemen in Lapu-Lapu City have arrested the two individuals who were tagged as the alleged masterminds in the murder of night market collector Christopher Ceniza last January 2. Helen Madal, the head of the city’s clearing team, and her ‘right-hand man’ Reynan Maloloy-on were arrested on Thursday, March 14, in their.....»»
Government posts P88 billion surplus
The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»
January 2024 Filipino tourist arrivals in Hong Kong breach pre-pandemic numbers
Filipino tourist arrivals in Hong Kong,China just surpassed the pre-pandemic numbers for the month of January......»»
Cebu’s inflation rate rose in Feb compared to January
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»
Financial system resources up 9 percent in January
The total resources of the country’s financial system continued to breach the P30-trillion level, rising by almost nine percent as of end-January, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed......»»
Czech Republic ups quota for Filipino workers to 10,000
The number of overseas Filipino workers that can enter Czech Republic has gone up from 5,500 in January to almost 10,300 per year starting May 2024, President Marcos Jr. announced during a joint press conference with Czech President Petr Pavel......»»
Sandigan junks Bistek’s plea to dismiss graft rap
The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Fewer jobless Pinoys in January – DOLE
The number of unemployed Filipinos declined in January, according to the Department of Labor and Employment......»»
Trade deficit narrows in January
The Philippines posted a smaller trade deficit of $4.22 billion in January as exports picked up, preliminary data from the Philippine Statistics Authority showed......»»
Philippines external trade drops 2.1 pct in January
MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»
Direk Jade Castro, 3 iba pa pinalaya na matapos makulong ng 40 araw
MAKALIPAS ang 40 araw, pinalaya na ang direktor na si Jade Castro at ang tatlo pa niyang kasamahan matapos kasuhan sa pagsunog umano ng isang modern jeepney sa Catanauan, Quezon noong January 28. Kagabi, March 11, nakalabas na sa Bureau of Jail Management Penology (BJMP) ng Catanauan si Direk Jade at sina Ernesto Orcine, Noel.....»»
Bank assets grow 10 percent to P24.8 trillion
Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»
Agriculture losses due to El Niño hit P1.23 billion
The agriculture sector has suffered P1.23 billion worth of damage due to the El Niño phenomenon since January, the National Disaster Risk Reduction and Management Council said yesterday......»»
Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»