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Gov't confident it can meet infra spending target for 2019

ABS-CBN News
Posted at Nov 30 01:32 AM

The Philippine government says it's on track to meet its infrastructure spending for the year despite budget delay concerns. That, as it greenlights 7 new projects amounting to over P3.6 billion. Read more »

Japan's retail sales post sharpest fall since 2015 as tax hike hits demand

Daniel Leussink, Reuters
Posted at Nov 28 10:25 AM

Japan's retail sales tumbled at their fastest pace in more than 4-1/2 years in October as a sales tax hike prompted consumers to cut spending, raising a red flag over the strength of domestic demand.   Read more »

What type of spender are you?

Moneymax.ph
Posted at Sep 20 03:10 PM

Have you ever wondered what your money personality is? You may not know it, but your spending habits say a lot about who you are as a person. It’s important to determine what type of spender you are as part of your own self-reflection.   Read more »

Philippine debt hits P7.8 trillion in July

ABS-CBN News
Posted at Sep 03 10:09 PM

The national debt stood at P7.8 trillion at the end of July, 10.8 percent higher than the same month last year, the Bureau of Treasury said Tuesday.  Read more »

Infra spending not enough, PH also needs to cut rates: analyst

ABS-CBN News
Posted at Aug 29 08:12 PM

The Philippines needs to cut interest rates more quickly even as it speeds up its spending on key infrastructure projects if it wants to accelerate economic growth, an analyst said on Thursday. Read more »

Media experts recommend transparency in digital campaign spending for 2022 elections

Celine Isabelle Samson, VERA Files
Posted at Aug 11 04:28 PM

To combat new forms of disinformation and propaganda that circulated on social media during the Philippine elections in May, three academics who studied the midterm polls suggest transparency in digital campaign spending in the 2022 electoral exercise. Read more »

Budget deficit shrinks in first half as spending falls

ABS-CBN News
Posted at Jul 22 03:56 PM

The Philippines' budget deficit fell in the first half of the year as the revenues increased and government spending slowed, the Bureau of Treasury said Monday. Read more »

Recto seeks cap on PH debt

Dharel Placido, ABS-CBN News
Updated as of Jul 19 09:13 PM

MANILA - Sen. Ralph Recto filed a bill seeking to put a cap on the Philippines’ debt at 50 percent of the gross domestic product. Read more »

Gov't books P2.6-B budget surplus in May

ABS-CBN News
Posted at Jun 25 07:06 PM

The Philippines posted a budget surplus of P2.6 billion in May as revenue collections outpaced spending, the Bureau of Treasury said on Tuesday.  Read more »

SM plans to open 5 to 7 malls each year in next 5 years, says COO

Jessica Fenol, ABS-CBN News
Updated as of Jun 21 04:27 PM

The key to staying relevant today is changing the retail mix and by "elevating" customer service, SM Supermalls COO Steven Tan told ABS-CBN News on the sidelines of the Philippine Retailers Associations OFR Awards night.    Read more »

Finance dept targets P3.7 trillion spending in 2019

ABS-CBN News
Updated as of May 24 11:19 PM

Philippine economic managers gunning for higher government spending this year even amid the delay in the passage of the 2019 national budget. Read more »

PH debt rises to P7.8 trillion in March, up 13.4 pct year-on-year

ABS-CBN News
Posted at May 07 05:30 PM

 Philippine debt stood at P7.802 trillion in March, 13.4 percent higher than the P6.879 trillion posted in the same month last year, the Bureau of Treasury (BTr) said Tuesday.  Read more »

Comelec relaxes rule on poll bets skipping website registration

Christian V. Esguerra, ABS-CBN News
Posted at Apr 15 03:34 PM

As of Monday, only 29 of 62 senatorial candidates have complied with this new requirement, which the Comelec designed to determine possible overspending after the campaign. Read more »

Want to Save? Then Stop Spending!

Aneth Ng-Lim
Posted at Apr 08 09:37 AM

Watch out for these spending red flags. Read more »

Dissecting Data: The Philippines under a reenacted budget

Edson Joseph Guido, ABS-CBN Data Analytics
Updated as of Mar 14 05:33 PM

In 2001, 2004 and 2006, the government operated under the old budget the entire year. Read more »

Discount on political ads won't benefit poorer candidates - poll watchdog

ABS-CBN News
Updated as of Feb 17 03:19 PM

A law giving election candidates additional discounts on political ads will only benefit those with a substantial campaign kitty, poll watchdog Legal Network for Truthful Elections (Lente) said Sunday.   Read more »

PCIJ Audit: Candidates on Social Media

Philippine Center for Investigative Journalism
Posted at Feb 14 03:49 PM

Because the use -- and even abuse -- of social media is practically free and unbridled, PCIJ launched this audit of how and what the candidates are posting, how often and where, and how much organic or boosted engagement they are drawing.  Read more »

Comelec urged: Monitor content, get access to bets' social media platforms

ABS-CBN News
Posted at Jan 10 12:01 PM

MANILA (UPDATED) – The Commission on Elections (COMELEC) should regulate not just campaign spending but also the content of official social media platforms of candidates and party-list groups running for the May 13, 2019 elections. Read more »

Democrats say Trump 'plunging country into chaos'

Agence France-Presse
Posted at Dec 25 07:14 AM

US Democratic leaders charged Monday that President Donald Trump was "plunging the country into chaos" with multiple crisis and said he was offering no way to end a government shutdown. Read more »

How to spend your Christmas bonus like a winner

Warren de Guzman
Posted at Nov 15 06:26 PM

So your Christmas bonus has popped up in your bank account and your first impulse is to spring on that Oyster Perpetual. Don’t. Read more »