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Philippines debt-to-GDP expected to steadily slide to 50% by 2028

The economic managers expect the country's debt to steadily decline to around 50 percent of gross domestic product before the term of President Ferdinand...

Nearly 170,000 regular government jobs remain unfilled; average monthly salary at P38,000

Looking for a job? Turn to the government. During Thursday’s budget hearing at the House of Representatives, Zamboanga Sibugay Rep. Wilter Palma sought a clarification...

Long-horizon foreign direct investments dropped 21% over five months

Foreign direct investments, the kind that stays invested in the Philippines for the long haul, fell 34 percent in May to only $488 million,...

Villar tops Forbes list of 10 richest Filipinos

Politician turned businessman Manuel B. Villar Jr. remained the country’s richest individual, bested only by the Sy siblings who remain at the top of...

Finance chief rejects legislator proposal for fresh BSP loan to fund budget deficit

Finance Secretary Benjamin Diokno on Thursday rejected a lawmaker’s suggestion that the national government borrow anew from the Bangko Sentral ng Pilipinas to fund...

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