NG gross borrowings more than doubled in August

The national government reported gross borrowings more than twice as large in August than it was a year earlier to P61.309 billion, the Bureau...

Pledges of support pour in for Marawi from multilaterals

The Department of Finance (DOF) said multilateral agencies like the Asian Development Bank (ADB) and the International Fund for Agricultural Development (Ifad) bared plans...

Manila parametric-risk program fully ceded

The Philippines has urged member-states comprising the Asean to improve catastrophic reinsurance initiatives that will help communities across the region recover faster from the...

DBM guarantees fully funded infrastructure buildup program

The Department of Budget and Management (DBM) said enough funds have been set aside to pursue 75 infrastructure projects under its “Build, Build, Build”...

Mental health is national wealth

The world observed Mental Health Day on October 10. It was apt that the Lower House approved House Bill 6452 or the Comprehensive Mental...

8-month public-sector spending up 9.8%

Data on national government disbursements indicate spending in August alone grew by 13.9 percent and helped push spending from January to August by 9.8...

Seven-year T-bond rate barely moved

The Bureau of the Treasury (BTr) sold all P15 billion in Treasury bonds (T-bonds) at auction on Wednesday when the seven-year rate moved lower...

Lost and then found, miracles happen

My article today will be a bit different than usual, but I will still relate it somehow to associations. I am still in Washington, D.C., as...

The third age of entrepreneurship

Some people see their 50s as a time to start slowing down, maybe cutting back their working hours. Others see it as the right...

‘Few PHL firms have cybersecurity risk cover’

AIG Philippines, an American nonlife-insurance company, said more businesses, especially the data-driven ones, should consider cyber-insurance cover to strengthen the protection of sensitive customer...

The 2018 national budget

Part One It is at this time of the calendar year when the national budget for the next fiscal year (2018, in this case) approaches...

Insurers discuss important issues in claims settlement

The leaders of the nonlife-insurance industry in the Philippines resolved to take significant steps to improve claims-settlement service in the Philippines during the 2017...

FWD Life Philippines launches dollar equity index fund

FWD Life Philippines, one of the country’s fastest-growing life-insurance companies, has launched a dollar-denominated single-payment insurance protection and investment plan, giving customers the opportunity...

OFW remittances up 7.8 percent to $2.5 billion in August — BSP

The Bangko Sentral ng Pilipinas (BSP) reported on Monday a 7.8 percent rise in remittances by Overseas Filipino Workers (OFWs) in August this year, compared to...

A pizza-like investment

It has been a realism that monetary necessities are likely to grow over your lifetime. While your income derived from employment may grow at...

Asean moving closer to common market goal, DOF chief tells IMF

The Department of Finance (DOF) said Monday the Association of Southeast Asian Nations (Asean) is moving closer toward the creation of a common market,...

Government online trade facilitation platform rolls out in December

The Department of Finance (DOF) Monday reported that the TradeNet platform that will be rolled out in December will start with the facilitation of...

BSP offers relief measures to lenders in ravaged areas

Lenders affected by the tropical depression Maring will be subject to less strict regulatory measures on loans and, in turn, can provide debt relief...

Foreign banks in PHL help increase FDI, employment

The entry of foreign banks into the local lending system may have come with early concerns, but the Bangko Sentral ng Pilipinas (BSP) said...

SSS reform measure to improve benefits

The Social Security System (SSS) announced that a corresponding benefit increase will coincide with the proposed monthly pension increase for its member-pensioners, which is...