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    Gov’t budget shortfall narrows in March, widens in 1Q

    The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.

    “China is so big there is room for business to grow”

    Property developer SM Prime Holdings Inc. brush aside notions of a slowing China economy, saying the country's neighbor continues to offer a lot of potential as the world’s second largest economy, reports to the contrary notwithstanding. 

    BDO rules out investor role in SMC-led consortium rehabilitating NAIA

    BDO Unibank Inc. is interested in extending the San Miguel Corp. the funds it requires to take over and rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) won in a bidding process. 

    When checking-in at SM City-Clark means flying, not resting or shopping

    Clark International Airport (CRK) authorities on Friday lauded the Department of Transportation (DOTr) and the initiative it took making possible for passengers to check-in at SM City Clark prior to taking scheduled flights. 

    AO 20 a necessary measure to ensure food security—NEDA chief

    Economic Planning Secretary Arsenio Balisacan on Thursday called as a “necessary measure” for food security the issuance of Administrative Order 20, which streamlines procedures and policies and removes non-tariff barriers for the importation of agricultural products.

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    Philippines Jan-Sep tourist arrivals slip

    Foreign tourist arrivals to the Philippines fell by 2.4 percent in the first nine months of the year, reaching 4.33 million, according to data from the Department of Tourism. The decline was largely driven by a sharp drop in visitors from South Korea and China.

    Network restoration hits 100% in quake-hit areas

    Globe Telecom has activated its emergency response teams in the wake of a magnitude 7.6 earthquake that struck offshore Davao Oriental on October 10. The powerful tremor, felt across the Davao Region and nearby provinces, triggered evacuations and temporary suspension of operations in several areas.

    GSIS loan launch attracts thousands on day one

    The Government Service Insurance System (GSIS) received a surge of applications on October 10, the first day of its Digital Ginhawa Loan program, with 21,418 government employees applying for a total of ₱1.258 billion in loans via the GSIS Touch mobile app.

    BDO Kabayan Facebook Page wins at 21st Philippine Quill Awards

    BDO Unibank Inc.’s BDO Kabayan Facebook Page was honored for Excellence in Social Media Strategy at the 21st Philippine Quill Awards, recognizing its role in supporting overseas Filipinos (OFs) through reliable and accessible financial information.

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