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Business chiefs ask Malacanang to suspend Philhealth contribution hike
Business leaders petition the Marcos administration to suspend the increase in contribution to the Philippine Health Insurance Corporation (Philhealth) indefinitely until complaints against the...
BSP governor rules out easing rates ‘soon’
The central bank governor on Wednesday ruled out rate cuts anytime soon due to upside inflation risks and signaled that borrowing costs will remain higher for longer.
JCRA affirms Philippines A- rating, stable outlook
The Japan Credit Rating Agency, Ltd. (JCRA) has kept the country's investment-grade credit rating of A minus (A-) with a stable outlook.
Higher tax collection narrows budget deficit in 2023 to P1.512T
Increased tax collection last year narrowed the government’s budget deficit to P1.512 trillion from P1.614 trillion in 2022, albeit slightly wider than the P1.499 trillion deficit target for the year.
NG debt rise to P14.79T in January on increased domestic borrowings
The total national government debt at the end of January reach P14.79 trillion, up P173.91 billion from the level at the end December 2023, nudged higher by an increase in domestic borrowings for budget support.
