Above-target budget deficit ‘manageable’ – Dominguez

Credit to Author: MAYVELIN U. CARABALLO, TMT| Date: Fri, 22 Feb 2019 16:30:25 +0000

Last year’s budget deficit exceeded programmed levels, the government confirmed on Friday even as it called the result “manageable”. At 3.2 percent of gross domestic product (GDP) — higher than…READ

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E-payment license rules streamlined

Credit to Author: MAYVELIN U. CARABALLO, TMT| Date: Fri, 22 Feb 2019 16:25:05 +0000

Licensing rules for Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions (BSFIs) that intend to offer electronic payment and financial services (EPFS) have been streamlined in a bid to promote digital…READ

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Demand behind 16.29% electronics imports growth

Credit to Author: TYRONE JASPER C. PIAD| Date: Fri, 22 Feb 2019 16:20:29 +0000

Robust demand for global technologies raised the country’s electronics imports in 2018, with seven out of nine sectors registering double-digit growth, the Semiconductor and Electronics Industries in the Philippines Foundation, Inc….READ

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2018 budget shortfall over target at P558.25B

Credit to Author: MAYVELIN U. CARABALLO, TMT| Date: Thu, 21 Feb 2019 16:30:07 +0000

The Duterte administration exceeded its budget deficit target last year as higher-than-programmed expenditures offset a surge in revenues, data obtained by reporters showed. Unofficial figures pegged the 2018 shortfall at…READ

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