MANILA, May 26 - Philippine imports in March plunged 36.2 percent from a year earlier as shipments of its single biggest import, electronic parts, remained dismal, the government said on Tuesday. The fall was higher...
MANILA, May 25 - The Philippines may raise its 2009 budget deficit target from 199.2 billion pesos ($4.24 billion), or 2.5 percent of GDP, Finance Secretary Margarito Teves said on Monday. "We might have to,"...
SINGAPORE, May 22 - The Philippine central bank intervened in the currency market on Friday by buying U.S. dollars to contain the peso's appreciation against a broadly weaker dollar, traders said. "BSP is on the...
MANILA, May 21 - The Philippine government is confident that GDP growth in 2009 will come in the target range of 3.1-4.1 percent, Socio-Economic Planning Secretary Ralph Recto said on Thursday. "We are confident of...
MANILA, May 21 - Philippine GDP growth in the first quarter of the year was likely to have come in between 1.8-2.8 percent year-on-year, Socio-Economic Planning Secretary Ralph Recto said on Thursday. He told reporters...
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...