2018 budget deficit reaches P558.3 billion

The full year budget deficit for 2018 reached P558.3 billion or 3.2 percent of the country's gross domestic product (GDP), slightly exceeding the government's 3 percent target, a cabinet official said Friday.

Rice tariffication 'good thing' if gov't helps local farmers: analyst

Rice tariffication can be a "positive thing" if the government will implement programs to make domestic farmers more productive, an analyst said Friday.