MANILA, May 18 - The Philippines, for now, will stick with a target of bringing in the 2009 budget deficit at 199.2 billion pesos ($4.18 billion), or 2.5 percent of Gross Domestic Product, Finance Secretary...
MANILA, May 18 - The Philippines recorded a budget surplus of 7.9 billion pesos ($166 million) in April, normally the year's biggest tax collection month, Finance Secretary Margarito Teves said on Monday. The fiscal surfeit...
MANILA, May 18 - The Philippines posted a budget surplus in April as a shortfall in revenue collections by the main tax office was offset by collections from other agencies, a senior finance official said...
MANILA, May 15 - Remittances from overseas Filipino workers reached $1.47 billion in March, up 3.1 percent from a year ago, Philippine central bank Governor Amando Tetangco said on Friday. The inflows in March were...
MANILA, May 13 - The Philippine government urged to lawmakers on Wednesday to consider four new tax measures, including additional levies on beer and tobacco, despite their reluctance to approve so-called "sin taxes" with elections...
MANILA, May 12 - Unemployment in the Philippines has risen to a record 34.2 percent of the adult population, or an estimated 14 million, in the first three months of 2009, the country's leading pollster...
MANILA, May 10 - The death toll from floods and mudslides triggered by a typhoon in the northern Philippines has more than doubled to 36, with 12 people still missing, the government said on Sunday....
MANILA, May 6 - The Philippines could put its credit rating at risk if fiscal imbalances are not addressed once the economy starts to recover from the blows of the global downturn, Fitch Ratings said...
MANILA, May 5 - The Philippine economy may have seen the worst of the current downturn and annual changes in consumer prices could hit zero percent in July or August, a senior government official said...
NUSA DUA, Indonesia, May 5 - Philippine first-quarter gross domestic product likely grew 2-3 percent from a year earlier, Finance Secretary Margarito Teves said on Tuesday. "That is the information we have been getting from...