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PH posts $196-M deficit in February

MANILA, March 20 -- The country's overall balance of payments (BOP) position posted a deficit of USD196 million in February. In a report released late Tuesday, the Bangko Sentral ng Pilipinas (BSP) s... Read More


LandBank records 42% growth in digital transactions in 2023

MANILA, March 19 -- State-run Land Bank of the Philippines (LandBank) recorded a 42-percent growth in the value of digital transactions last year. In a statement on Tuesday, LandBank said it facilita... Read More


Central bank warns public vs. entities misusing BSP name, logo

MANILA, March 18 -- The Bangko Sentral ng Pilipinas (BSP) on Monday reminded the public to carefully scrutinize individuals, groups or companies using the BSP name and logo on their websites, social m... Read More


MIC eyes investment in agro-industries

MANILA, March 17 -- The Maharlika Investment Corporation (MIC) is currently exploring possible investments in agro-industries. "MIC is interested to invest in agro-industry. They are considering coco... Read More


PSA: 54 million national ID cards already printed

MANILA, March 15 -- The government has so far completed the printing of over 60 percent of the physical copies of the national identification cards (IDs), according to the Philippine Statistics Author... Read More


Gov't records budget surplus in January

MANILA, March 15 -- The national government posted a budget surplus of PHP88 billion in January this year, up by more than 90 percent from a year ago's PHP45.7 billion. "The fiscal outturn was brough... Read More


BSP sees BOP surplus in 2024, deficit in 2025

MANILA, March 15 -- The Bangko Sentral ng Pilipinas (BSP) said the country's overall balance of payments (BOP) is projected to post a higher surplus for this year but will likely revert to a deficit i... Read More


Anna Leah Gonzales

MANILA, March 15 -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday called for the passage of the 'Konektadong Pinoy Bill' or the Open Access in Data Transmiss... Read More


LandBank inaugurates agri-hubs in Mindoro

MANILA, March 15 -- State-run Land Bank of the Philippines (LandBank) recently inaugurated agri-hubs in Oriental Mindoro and Misamis Occidental, as part of the bank's efforts to boost rice production ... Read More


DOF refines CTRP Package 4 proposal

MANILA, March 14 -- The Department of Finance (DOF) refined its proposal for Package 4 of the Comprehensive Tax Reform Program (CTRP) that will simplify the tax structure on passive income and certain... Read More