Top News
November budget deficit narrows by 25% to P93.3 billion
The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.
Inflation seen easing some more in December
Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.
Over 500,000 MT of imported rice due to arrive December through February
Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive this month and early January even as grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday.
Four consortia pass documents to win P171-billion NAIA rehab project
The Department of Transportation on Wednesday said four large groups have submitted bid documents to win the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport.
National Treasury eyes P585B domestic borrowing in 1Q via treasury auctions
The Bureau of the Treasury plans to raise P585 billion for budgetary support in the first quarter through the weekly auctions of treasury bills and bonds.
