‘Floodgate’ fallout reshapes BSP’s forecast
Economists, government agencies, and the central bank attributed the shortfall largely to the fallout from the ongoing flood control infrastructure scandal.
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Daily TribuneTopic
Economists, government agencies, and the central bank attributed the shortfall largely to the fallout from the ongoing flood control infrastructure scandal.
· 3 min read
Debt service for interest and principal is automatically appropriated, meaning it doesn’t require annual congressional approval and takes priority.
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Cash remittances from overseas Filipinos (OFs) reached a record high of $35.63 billion in 2025, equivalent to about P2.07 trillion at current exchange rates,…
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Department of Social Welfare and Development (DSWD) officials are calling for a shift in how Filipinos view domestic discipline, linking the nation’s high rate…
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Cebu Pacific reported that it carried over 2.7 million passengers in January 2026, reflecting strong demand following the peak holiday season in late 2025.
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Anomalous flood control project disbursements shaved about 0.3 percentage points off gross domestic product (GDP) growth, according to Bangko Sentral ng…
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These lipsticks are your seductive Valentine's Day secret weapon. Grab one, rule the night, and make every kiss memorable. Who's up for testing the momol-proof…
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The Court noted that the law recognizes, with factual support based on statistics, that women and children are the most vulnerable victims of violence.
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Gross international reserves (GIRs) rose to $112.5 billion in January 2026, an increase of about $1.681 billion from the end-2025 level, according to the…
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‘The country cannot remain overly reliant on a narrow set of growth drivers such as consumption and government spending. Even if public expenditure normalizes…
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Tourism officials do have enough cause for wanting us to fixate more on foreign visitors.
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The Philippine Stock Exchange Index (PSEi) opened the week lower, closing Monday at 6,297.08, down 0.50 percent, as concerns over the economy’s momentum…
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The central bank’s reassessment came after the Philippine Statistics Authority reported that full-year GDP growth for 2025 settled at 4.4 percent,…
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She cited instances in which payments for most infrastructure contracts, not just flood control, were frozen.
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The utterly deflating 4.4 percent growth for the entire 2025 was blamed on the massive slash in public infrastructure spending, as many big-ticket projects…
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What makes the fourth-quarter GDP growth special, however, is that it does capture the effects of issues that are primary and growing in the voters’ collective…
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CEBU CITY — The Philippines has emerged as one of the Association of Southeast Asian Nations’ (ASEAN) strongest tourism economies, ranking among the region’s…
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The Philippines would have met its economic growth target in 2025 if not for the flood control corruption scandal, according to Department of Economy,…
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