Economy Watch

National debt up 6% to P5.1-T in June

National debt reached P5.1 trillion as of end-June, slightly up 6.4% against year-ago levels but P46.67 billion less...

Farm output inches up 0.93% in H1

Farm growth in the second quarter was at 0.73%, slower than the 1.08% pace the sector registered in the first quarter

Philippine forex reserves in July hit historic high of $79.3-B

The country’s gross international reserves (GIR), a key measure of ability to pay maturing foreign debts and a mirror...

'Gener' pushes July inflation to 3.2%

Supply disruptions for fish and fruits in the last week of July due to Typhoon Gener contributed to the increase in...

Rain to immediately impact prices, incomes - NEDA

The incessant rain that has caused severe flooding in the whole of Metro Manila and nearby provinces is expected to...

No new taxes in Philippines in 2013

In the 2013 national budget program, no new tax measure will be pushed as the Aquino government pins its hopes on...

2.14-M tourists visited Philippines in Jan-June

This is less than half of the 2012 target of 4.6 million tourists but an improvement of 11.68% over the same period...

Gov't sets higher 2013 tax effort goal

The Aquino government is aiming high. For 2013, the goal for tax effort, a measure of efficiency in tax administration...

Slow spending still behind low 6-mo deficit of P34.48-B

May imports at 8-month high, but electronics still down

Electronics shipments fell by double digits, raising doubts that the country's economic woes are over