Budget deficit narrows in July on strong revenue growth
The budget deficit of the national government narrowed in July to P28.8 billion from P47.8 billion in the same month last year, helped by a robust 11 percent increase in revenue that outpaced the 5.8 percent increase in expenditures
PT&T in joint venture with Australia’s Netlinkz for network security, connectivity
PT&T Corp., a leading telecommunications provider, has formed a joint venture with Australian technology innovator Netlinkz Ltd. to transform network security and connectivity across the Philippines, including remote and underserved regions.
Fitch Ratings downgrades further PH growth outlook to 5.8%
Sovereign credit watcher Fitch Ratings has downgraded further the country’s output growth, or the gross domestic product (GDP), to 5.8 percent this year as part of its assessment on the government’s plan to sell US dollar- and euro-denominated bonds.
DA commits to resolve ASF issues in two days
The Department of Agriculture (DA) on Wednesday vowed to resolve by Friday issues raised against the voluntary vaccination of hogs against the African swine fever (ASF) whose legality has been questioned before the Ombudsman.
DOE seeks P2B for EEC projects starting 2026
The Department of Energy (DOE) has asked budget planners to set aside P2 billion starting in 2026 for the Government Energy Management Program (GEMP) implementing various energy efficiency and conservation (EEC) projects.
