Today is a historic day.This is how President Gloria Macapagal-Arroyo started her message to Congress for the P1.541-trillion 2010 budget.

The Millennium Declaration — signed by 189 member-states of the United Nations in 2000 — is certainly being taken seriously by that body. Soon aft..

It is no surprise that the Philippines under President Arroyo is again still in the bottom list of corrupt economies.

A government think tank worries that the series of natural and economic calamities that visited the country last year has led to an increase in poor ..

January 1 marked the implementation of the China-Asean Free Trade Agreement (Cafta) simultaneous with the setting up of the Asean Economic Community (..

Given the ongoing world economic recovery, the Philippines is poised for a better 2010 but risks remain, the Asian Development Bank (ADB) said. ADB, i..

Even as most pundits are happily forecasting recovery, the US job losses in December remind policymakers that hopes for a vigorous upswing may be prem..

The monthly average Peso-Dollar Exchange Rate went down to 46.421 in December from 47.032 in November. Foreign Exchange Liabilities have declined ..

INFLATION LIKELY accelerated last month due to supply disruptions from recent storms and higher oil prices but stayed within central bank projections,..

The year-on-year headline inflation rate further picked up to 2.8 percent in November from 1.6 percent in October. This was mainly due to the accel..

WITH the Philippine economy posting growth of only 0.8 percent in the third quarter, the national government has abandoned and given up on achieving 1..

The tobacco debate is rarely played up as a public-health issue, and is almost always seen in light of major business investments by local and foreig..

Taking back its previous negative growth forecast, the World Bank is expecting the Philippine economy to grow by 1.4% this year. In its latest report..

The Philippines is currently on the same path that led to the fiscal crisis, which was averted a couple of years ago, the World Bank noted in a repor..

MORE Philippine households opted to rack up debt to cope with the global financial crisis, according to state-run Philippine Institute of Development..