finance

Gov’t borrowings tumbled 65% in Sept as fundraising ebbs

Gross borrowings of the Marcos administration significantly fell in September, as the state moved into…

BIZ BUZZ: Recto on his way out? Not so fast

Rumors have been swirling that Finance Secretary Ralph Recto is on his way out of…

Asialink secures $75-M loan from Standard Chartered

Asialink Finance Corp., a lender to micro, small and medium enterprises (MSMEs), received a $75-million…

Can blockchain make the national budget tamper-proof?

The recent flood defense scandal in the Philippines underscores the long-standing issue of corruption. Allegations…

Time to start worrying about the US economy and stock market?

The US economy and stock market have remained remarkably strong over the past few years,…

BIZ BUZZ: Veloso: ‘I have no agenda’

Jose Arnulfo “Wick” Veloso is no stranger to boardroom battles, given his nearly four decades…

Recto forecasts faster PH growth in next 3 years

The Philippine economy is expected to see “stronger growth ahead” as the government takes steps…

DOF set to form group to ease investor tax, nontax concerns

The Department of Finance (DOF) will establish a multisectoral working group with private sector partners…

Recto: Corruption probe stalls PH trek to ‘A’ rating

The high-profile corruption scandal over state-funded flood control projects has upended the Philippines’ bid for…

AMLC tracks foreign assets tied to flood control corruption cases

The Anti-Money Laundering Council (AMLC) is pursuing the offshore assets—including foreign bank accounts, real estate…