The national government’s budget deficit narrowed to P195.9 billion in March 2024 from P210.3 billion a year ago, as revenue grew 11.32 percent year-on-year, the Bureau of the Treasury said Wednesday.
The BTr said this improvement stemmed from strong revenue collection, compared to a modest 3.18-percent rise in spending.
Government revenue collection increased to P287.9 billion in March 2024, despite a 0.23 percent decline in tax revenues. The decrease was attributed...
Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Thursday banks may apply the separate Single Borrower’s Limit for project finance exposures, including those to...
Stocks slumped Thursday on profit taking, with some investors worried over galloping oil prices that could dent the economic recovery.
The Philippine Stock Exchange Index...
MUMBAI, India—Asia’s richest man Mukesh Ambani is set to open India’s first 7-Eleven convenience store, as his Reliance conglomerate boosts its retail presence in...
