Dumping of RP bonds seen due to bigger deficit

BY DENNIS GADIL

A run-away budget deficit as a result of increased pump-priming activities could shake investor confidence and could even lead to the dumping of Philippine bonds in the global market, a former socioeconomic planning secretary has warned...(more)

Deficit ceiling hiked to P177B this year

BY DENNIS GADIL

The government is finally revising its official budget deficit ceiling to P177 billion, P75 billion more or an increase by 63 percent compared to the year's original deficit goal of P102 billion... (more)

Telcos pledge 10% of text sales to schools

By DENNIS GADIL

The country's giant telecom players have agreed in principle to earmark 10 percent of their annual earnings from text messaging worth P75 billion to help build schools...(more)

EYES 2nd HOTEL IN MAKATI GSIS to redevelop Puerto Azul

Mothballed for 14 years, Puerto Azul units will be sold with golf rights

By DENNIS GADIL

The Government Service Insurance System (GSIS) will redevelop Puerto Azul Beach and Country Club property in Ternate, Cavite...(more)

’08 budget deficit seen lower at P45B

By DENNIS GADIL

Budget deficit last year is now estimated at P40-P45 billion, far lower than earlier estimates of P75 billion after asset sales narrowed down the gap...(more)