^
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                    [ArticleID] => 1819158
                    [Title] => No underspending in Jan to April — DOF
                    [Summary] =>  Government expenditures are within the programmed level in the first four months, the Department of Finance (DOF) said over the weekend.
                    [DatePublished] => 2018-05-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804771
                    [AuthorName] => Mary Grace Padin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 1538603
                    [Title] => Government tax expenditures on track to hit lowest levels in a decade
                    [Summary] => 

Tax expenditures spent by the government fell in October, their lowest in four months – and are on track to hit their lowest levels in a decade.

[DatePublished] => 2016-01-02 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20160103/lowest-level-2.jpg ) [2] => Array ( [ArticleID] => 1426057 [Title] => New guidelines set for SRE reporting [Summary] =>

Local government units are ordered to adopt a modified format of statement of receipts and expenditures to remain transparent in their respective fiscal status.

[DatePublished] => 2015-02-21 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [3] => Array ( [ArticleID] => 1308423 [Title] => Gov't spending up by 15.9% [Summary] =>

Government expenditures soared by 15.9 percent to P183 billion in January from last year's P157.9 billion, the Department of Budget and Management (DBM) announced on Thursday.

[DatePublished] => 2014-04-03 18:30:18 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140404/dbm-government-expenditures.jpg ) [4] => Array ( [ArticleID] => 1269417 [Title] => EDITORIAL - Interrupted, restarted [Summary] =>

There seems to be a lot of confusion generated by the Comelec announcement that more than four hundred elected officials, mostly governors, mayors and councilors, need to vacate their posts for failing to file or failing to file appropriately their statements of contributions and expenditures.

[DatePublished] => 2013-12-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Opinion [SectionUrl] => opinion [URL] => http://imageshack.us/a/img4/3083/gb7.gif ) [5] => Array ( [ArticleID] => 922478 [Title] => ABS-CBN allots P5B for capital expenses [Summary] =>

Broadcast giant ABS-CBN Corp. is spending P5 billion for its capital expenditures as it expects significantly higher earnings this year on the back of the country’s improving economy as well as higher advertisement revenues due to the scheduled elections in May.

[DatePublished] => 2013-03-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 903363 [Title] => PLDT allots P30 B for capex this year [Summary] =>

Dominant carrier Philippine Long Distance Telephone Co. (PLDT) is spending around P30 billion for its capital expenditures this year to sustain the gains of its P67.1 billion network expansion and modernization program.

[DatePublished] => 2013-02-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 800000 [Title] => Meralco sets P12-B capex [Summary] =>

The Manila Electric Co. (Meralco) has set a capital expenditure (capex) budget of P11.889 billion, and it may have to tap the capital markets to fund its spending requirements.

[DatePublished] => 2012-04-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 761204 [Title] => Share of tourism in economy up 13% to P518.5 B in 2010 [Summary] =>

The share of tourism in the country’s economy grew to P518.5 billion in 2010, 13 percent higher than the previous year’s P459 billion, according to a report from the National Statistical Coordination Board (NSCB).

[DatePublished] => 2011-12-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 610494 [Title] => Personal consumption expenses in RP rise to P1.152 trillion in 2009 [Summary] =>

The country’s personal consumption expenditures (PCE), which comprised 80.5 percent of total expenditures, rose slightly in 2009 from the previous year’s level, National Statistical Coordination Board (NSCB) secretary general Romulo Virola said in a report.

[DatePublished] => 2010-09-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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                    [ArticleID] => 1819158
                    [Title] => No underspending in Jan to April — DOF
                    [Summary] =>  Government expenditures are within the programmed level in the first four months, the Department of Finance (DOF) said over the weekend.
                    [DatePublished] => 2018-05-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804771
                    [AuthorName] => Mary Grace Padin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 1538603
                    [Title] => Government tax expenditures on track to hit lowest levels in a decade
                    [Summary] => 

Tax expenditures spent by the government fell in October, their lowest in four months – and are on track to hit their lowest levels in a decade.

[DatePublished] => 2016-01-02 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20160103/lowest-level-2.jpg ) [2] => Array ( [ArticleID] => 1426057 [Title] => New guidelines set for SRE reporting [Summary] =>

Local government units are ordered to adopt a modified format of statement of receipts and expenditures to remain transparent in their respective fiscal status.

[DatePublished] => 2015-02-21 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [3] => Array ( [ArticleID] => 1308423 [Title] => Gov't spending up by 15.9% [Summary] =>

Government expenditures soared by 15.9 percent to P183 billion in January from last year's P157.9 billion, the Department of Budget and Management (DBM) announced on Thursday.

[DatePublished] => 2014-04-03 18:30:18 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140404/dbm-government-expenditures.jpg ) [4] => Array ( [ArticleID] => 1269417 [Title] => EDITORIAL - Interrupted, restarted [Summary] =>

There seems to be a lot of confusion generated by the Comelec announcement that more than four hundred elected officials, mostly governors, mayors and councilors, need to vacate their posts for failing to file or failing to file appropriately their statements of contributions and expenditures.

[DatePublished] => 2013-12-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Opinion [SectionUrl] => opinion [URL] => http://imageshack.us/a/img4/3083/gb7.gif ) [5] => Array ( [ArticleID] => 922478 [Title] => ABS-CBN allots P5B for capital expenses [Summary] =>

Broadcast giant ABS-CBN Corp. is spending P5 billion for its capital expenditures as it expects significantly higher earnings this year on the back of the country’s improving economy as well as higher advertisement revenues due to the scheduled elections in May.

[DatePublished] => 2013-03-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 903363 [Title] => PLDT allots P30 B for capex this year [Summary] =>

Dominant carrier Philippine Long Distance Telephone Co. (PLDT) is spending around P30 billion for its capital expenditures this year to sustain the gains of its P67.1 billion network expansion and modernization program.

[DatePublished] => 2013-02-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 800000 [Title] => Meralco sets P12-B capex [Summary] =>

The Manila Electric Co. (Meralco) has set a capital expenditure (capex) budget of P11.889 billion, and it may have to tap the capital markets to fund its spending requirements.

[DatePublished] => 2012-04-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 761204 [Title] => Share of tourism in economy up 13% to P518.5 B in 2010 [Summary] =>

The share of tourism in the country’s economy grew to P518.5 billion in 2010, 13 percent higher than the previous year’s P459 billion, according to a report from the National Statistical Coordination Board (NSCB).

[DatePublished] => 2011-12-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 610494 [Title] => Personal consumption expenses in RP rise to P1.152 trillion in 2009 [Summary] =>

The country’s personal consumption expenditures (PCE), which comprised 80.5 percent of total expenditures, rose slightly in 2009 from the previous year’s level, National Statistical Coordination Board (NSCB) secretary general Romulo Virola said in a report.

[DatePublished] => 2010-09-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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