Gov't revenues, expenditures log double-digit growth in Jan.-Feb.

Manila, April 2 -- The government is on track to hit fiscal targets this year as revenue collections and expenditures continued to post double-digit growth as of end-February, the Bureau of the Treasu... Read More

World Bank OKs $800-M loan for PH energy transition, resilience

Manila, April 2 -- The World Bank's Board of Executive Directors approved a USD800 million loan to support the Philippine government's efforts to scale up the adoption of clean energy technologies, in... Read More

Bank lending up 12.2%, domestic liquidity grows by over 6% in Feb.

Manila, April 1 -- Bank lending continued to grow by over 12 percent, while domestic liquidity expanded by more than 6 percent in February this year, the Bangko Sentral ng Pilipinas (BSP) said. Preli... Read More

BSP, Hong Kong Monetary Authority hold high-level bilateral meeting

Manila, April 1 -- The Bangko Sentral ng Pilipinas (BSP) and the Hong Kong Monetary Authority recently held a high-level bilateral meeting to exchange views and strengthen cooperation on various areas... Read More

Economist sees continued decline in unemployment rate

Manila, March 27 -- The country's unemployment rate could further improve to around 3 percent as of end-February this year, an economist said Thursday. "Philippine unemployment rate as of February 20... Read More

PH financial system resilient amid global headwinds - FSCC

Manila, March 27 -- The country's financial system continued to be resilient and stable despite global headwinds driven by geopolitical tensions and policy shifts, the Financial Stability Coordination... Read More

Japan to finance PH infra projects, health, climate change programs

Manila, March 24 -- Finance Secretary Ralph Recto secured financing for big-ticket infrastructure projects and budget support for health and climate change initiatives during the Philippines-Japan hig... Read More

Comelec deposits election source codes to BSP

Manila, March 24 -- The Bangko Sentral ng Pilipinas (BSP) and the Commission on Elections (Comelec) signed an agreement Monday for the safekeeping of the Final Trusted Build Source Codes for the May 1... Read More

PH now VAT-free for foreign tourists

Manila, March 24 -- Government officials signed on Monday the implementing rules and regulations (IRR) of Republic Act (RA) 12079 or the Value-Added Tax (VAT) Refund for Non-Resident Tourists. In a s... Read More

BTr upsizes Treasury bills award

Manila, March 24 -- The Bureau of the Treasury (BTr) raised PHP28 billion from the Treasury bills (T-bills) auction on Monday, higher than the PHP22-billion offering. "The auction was 3.1 times overs... Read More

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