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The country’s budget deficit may end up narrower than the programmed P293 billion for this year on expectations that the economy would sustain its strength in the first quarter of the year, Finance Secretary Margarito Teves said Thursday night.
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                    [Title] => BIR, BOC expect significantly higher collections this year
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The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) are expected to collect more this year, significantly higher than their respective targets of P830 billion and P275 billion as the economy is expected to sustain its strong first quarter performance.
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                    [Title] => Barclays Capital hikes 2010 GDP growth forecast to 6%
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London-based Barclays Capital revised upwards its economic outlook for the Philippines to six percent this year from the original 4.3 percent after its domestic output as measured by the gross domestic product (GDP) zoomed to its fastest pace in three years on the back of strong election-related spending.
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                    [Title] => European debt crisis could stall exit plan
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Monetary authorities believe that Europe’s debt crisis and the pace of the global economic recovery could delay the continued implementation of the central bank’s exit strategy.
                    [DatePublished] => 2010-05-24 00:00:00
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                    [Title] => Euro debt crisis to have minimal impact on RP, says Tetangco
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Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said yesterday the impact of the European debt crisis on the Philippines would be nil to minimal if the troubles are confined to Greece and do not spread to other parts of Europe and the world.
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                    [Title] => 2009 GDP growth seen at 0.7%-1.0%
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The economy is estimated to have expanded from 0.7 percent to one percent last year, Socioeconomic Planning Secretary Augusto Santos said yesterday.
                    [DatePublished] => 2010-01-27 00:00:00
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                    [Title] => RP to achieve 2009 growth targets - Palace
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The Philippines is faring better than most emerging economies and would be able to achieve its 2009 growth targets despite the lingering global recession, Malacañang said yesterday.
                    [DatePublished] => 2010-01-01 00:00:00
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                    [AuthorName] => Paolo Romero
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                    [Title] => 'RP should continue improving English proficiency'
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Socioeconomic Planning Secretary Augusto Santos reiterated yesterday that the Philippines should continue efforts to improve English proficiency as other Asian nations, including China, have increased their standing as the region’s most competitive nations.
                    [DatePublished] => 2009-12-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Marvin Sy

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                    [Title] => GMA orders NDCC to review state of calamity
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MANILA, Philippines (Xinhua) – Amid threats of an impending oil supply shortage, President Arroyo today ordered the National Disaster Coordinating Council (NDCC) to determine whether Luzon remains under a state of calamity, which is the basis for the imposition of an oil price cap in the area.
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                    [Title] => RP may still hit growth target on reconstruction spending
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The Philippine economy may still grow within the government’s 0.8 to 1.8 percent growth target this year because of private and public spending on reconstruction efforts, Socioeconomic Planning Secretary Augusto Santos said yesterday.
                    [DatePublished] => 2009-10-24 00:00:00
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SOCIOECONOMIC PLANNING SECRETARY AUGUSTO SANTOS

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                    [DatePublished] => 2010-06-05 00:00:00
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The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) are expected to collect more this year, significantly higher than their respective targets of P830 billion and P275 billion as the economy is expected to sustain its strong first quarter performance.
                    [DatePublished] => 2010-06-04 00:00:00
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                    [Title] => Barclays Capital hikes 2010 GDP growth forecast to 6%
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London-based Barclays Capital revised upwards its economic outlook for the Philippines to six percent this year from the original 4.3 percent after its domestic output as measured by the gross domestic product (GDP) zoomed to its fastest pace in three years on the back of strong election-related spending.
                    [DatePublished] => 2010-05-28 00:00:00
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                    [Title] => European debt crisis could stall exit plan
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Monetary authorities believe that Europe’s debt crisis and the pace of the global economic recovery could delay the continued implementation of the central bank’s exit strategy.
                    [DatePublished] => 2010-05-24 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Euro debt crisis to have minimal impact on RP, says Tetangco
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Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said yesterday the impact of the European debt crisis on the Philippines would be nil to minimal if the troubles are confined to Greece and do not spread to other parts of Europe and the world.
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                    [Title] => 2009 GDP growth seen at 0.7%-1.0%
                    [Summary] => 
The economy is estimated to have expanded from 0.7 percent to one percent last year, Socioeconomic Planning Secretary Augusto Santos said yesterday.
                    [DatePublished] => 2010-01-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [Title] => RP to achieve 2009 growth targets - Palace
                    [Summary] => 
The Philippines is faring better than most emerging economies and would be able to achieve its 2009 growth targets despite the lingering global recession, Malacañang said yesterday.
                    [DatePublished] => 2010-01-01 00:00:00
                    [ColumnID] => 133272
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                    [Title] => 'RP should continue improving English proficiency'
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Socioeconomic Planning Secretary Augusto Santos reiterated yesterday that the Philippines should continue efforts to improve English proficiency as other Asian nations, including China, have increased their standing as the region’s most competitive nations.
                    [DatePublished] => 2009-12-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Marvin Sy

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                    [Title] => GMA orders NDCC to review state of calamity
                    [Summary] => 
MANILA, Philippines (Xinhua) – Amid threats of an impending oil supply shortage, President Arroyo today ordered the National Disaster Coordinating Council (NDCC) to determine whether Luzon remains under a state of calamity, which is the basis for the imposition of an oil price cap in the area.
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                    [Title] => RP may still hit growth target on reconstruction spending
                    [Summary] => 
The Philippine economy may still grow within the government’s 0.8 to 1.8 percent growth target this year because of private and public spending on reconstruction efforts, Socioeconomic Planning Secretary Augusto Santos said yesterday.
                    [DatePublished] => 2009-10-24 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Iris Gonzales
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abtest

Budget gap could fall below P293-billion target

By Iris Gonzales | June 5, 2010 - 12:00am

The country’s budget deficit may end up narrower than the programmed P293 billion for this year on expectations that the economy would sustain its strength in the first quarter of the year, Finance Secretary...

Business

BIR, BOC expect significantly higher collections this year

By Iris Gonzales | June 4, 2010 - 12:00am

The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) are expected to collect more this year, significantly higher than their respective targets of P830 billion and P275 billion as the economy is expected...

Business

Barclays Capital hikes 2010 GDP growth forecast to 6%

By Lawrence Agcaoili | May 28, 2010 - 12:00am

London-based Barclays Capital revised upwards its economic outlook for the Philippines to six percent this year from the original 4.3 percent after its domestic output as measured by the gross domestic product...

Business

European debt crisis could stall exit plan

By Lawrence Agcaoili | May 24, 2010 - 12:00am

Monetary authorities believe that Europe’s debt crisis and the pace of the global economic recovery could delay the continued implementation of the central bank’s exit strategy.

Business

Euro debt crisis to have minimal impact on RP, says Tetangco

By Lawrence Agcaoili | May 22, 2010 - 12:00am

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said yesterday the impact of the European debt crisis on the Philippines would be nil to minimal if the troubles are confined to Greece and do not spread...

Business

2009 GDP growth seen at 0.7%-1.0%

By Iris Gonzales | January 27, 2010 - 12:00am

The economy is estimated to have expanded from 0.7 percent to one percent last year, Socioeconomic Planning Secretary Augusto Santos said yesterday.

Business

RP to achieve 2009 growth targets - Palace

By Paolo Romero | January 1, 2010 - 12:00am

The Philippines is faring better than most emerging economies and would be able to achieve its 2009 growth targets despite the lingering global recession, Malacañang said yesterday.

Business

'RP should continue improving English proficiency'

By Marvin Sy | December 9, 2009 - 12:00am

Socioeconomic Planning Secretary Augusto Santos reiterated yesterday that the Philippines should continue efforts to improve English proficiency as other Asian nations, including China, have increased their standing...

Headlines

GMA orders NDCC to review state of calamity

November 10, 2009 - 5:59pm

MANILA, Philippines (Xinhua) – Amid threats of an impending oil supply shortage, President Arroyo today ordered the National Disaster Coordinating Council (NDCC) to determine whether Luzon remains under a state...

RP may still hit growth target on reconstruction spending

By Iris Gonzales | October 24, 2009 - 12:00am

The Philippine economy may still grow within the government’s 0.8 to 1.8 percent growth target this year because of private and public spending on reconstruction efforts, Socioeconomic Planning Secretary...

Business