Gabrielle H. Binaday
PH set to sustain growth this year
The Finance Department said it expects the Philippine economy to sustain its high growth this year, despite the “political noise” in the first six...
January budget deficit hit P3.5b
The national government incurred a budget deficit of P3.5 billion in January 2016, as both revenues and public spending rose, the Finance Department said...
Banks extend hours for import payments
The Bureau of Customs said Monday seven commercial banks agreed to extend their hours to accept payments from importers, in response to the longer...
Foreign banks cut remittance tie-ups
The Finance Department pushed for changes in the Anti-Money Laundering Act, after several foreign banks cut ties with money transfer operators servicing migrant Filipinos.
Finance...
Manufacturing seen to lift growth in 2016
The strong growth of manufacturing sector in January indicates the economy can withstand global shocks this year, the Finance Department said over the weekend.
Finance...
Govt budget deficit widens 66% to P122b
The government’s budget deficit widened 66 percent in 2015 to P121.7 billion from P73.1 billion in 2014, as public spending grew faster than revenue...
‘Bangladesh funds can’t be recovered’
THE Philippine Amusement and Gaming Corp. said Wednesday it is impossible to recover $29 million allegedly stolen from Bangladesh after the funds were coursed through local...
Anti-laundering body sues RCBC manager
THE Anti-Money Laundering Council filed a complaint against a branch manager of Rizal Commercial Banking Corp. for aiding the withdrawal of $80.9 million stolen...
