NG debt hits record P15.89 trillion
BW FILE PHOTOTHE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P15.89 trillion as of end-September, but the Bureau of the Treasury (BTr) said this level is still “manageable.”Data from the BTr on Wednesday showed that outstanding
Domestic demand key to insulating PHL from US trade risks
US President Donald J. Trump wears a traditional Filipino barong at a gala dinner marking ASEAN’s 50th anniversary in Manila, Philippines, Nov. 12, 2017. — REUTERSBy Kyle Aristophere T. Atienza, ReporterTHE PHILIPPINES needs to boost domestic demand to insulate its
Households reliant on remittances may be more vulnerable to shocks
Families enjoy a day at Luneta Park in Manila. — PHILIPPINE STAR/WALTER BOLLOZOSBy Luisa Maria Jacinta C. Jocson, ReporterFILIPINO HOUSEHOLDS’ heavy reliance on remittances could leave them more vulnerable during economic shocks, according to a Bangko Sentral ng Pilipinas (BSP)
New Maersk facility a boost to Philippines’ logistics ambitions — Marcos
President Ferdinand R. Marcos, Jr. receives a small-scale model of the Maersk Optimus Distribution Center from Maersk Contract Logistics Global Head Dominic Gates and Head of Philippines Siow Phing Timoty Tan during the opening of the center in Calamba City,
Tung Lok Seafood: Third time’s the charm
1 of 2By Joseph L. Garcia, Senior ReporterTUNG LOK SEAFOOD, a Singaporean import, opened its third branch (actually its fourth; we’ll explain in a bit) at the Greenhills Mall in August, but they had a grand opening with San Juan’s