Wednesday, May 20, 2026
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Thony Rose Lesaca

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Budget chief vows to block misuse of public funds, speed up service delivery

Department of Budget and Management Secretary Kim Robert De Leon vowed on Wednesday that...

Treasury rejects all bids for 7-year bonds as yields spike

The Bureau of the Treasury on Tuesday rejected all bids for its reissued 7-year...

ASEAN Islamic finance tops $1t

THE ASEAN Islamic finance industry surpassed the $1-trillion mark in the first quarter of...

4-month BOP deficit hits $7.4b

THE Philippines recorded a balance of payments (BOP) deficit of $2.12 billion in April...

DBM disbursed bulk of 2026 budget, left eight-month balance of P1.26t

The government has P1.269 trillion of the 2026 national budget left to disburse in...

Peso skids to fresh record low; PSEi sinks below 6,000

THE Philippine peso slipped to a fresh record low Monday, closing at 61.75 against...

Philippine banks’ bad loan ratio eased to 3.29% in March

The Philippine banking industry’s bad loan ratio eased to 3.29 percent in March 2026...

Infrastructure spending fell 48% in March

Government infrastructure spending and capital outlays fell 48 percent to P59.1 billion in March...