Trade pact with EU is vital for PH growth

PRESIDENT Ferdinand Marcos Jr. recently called for a resumption of negotiations on a free trade agreement (FTA) with the European Union, and it is encouraging that support for the idea has been virtually unanimous. The Philippines already enjoys substantial trade privileges with the 27-member EU, but with the expiration of …

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Senate set to pass MIF bill

Solons ban GSIS, SSS, 3 gov’t firms from investing in wealth fund Senators were poised to pass the chamber’s version of the Maharlika Investment Fund (MIF) bill last night, even as they successfully introduced an amendment that explicitly prohibits government institutions from investing in the country’s proposed sovereign wealth fund. …

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PH debt hits record P13.91T

The Bureau of Treasury building in Intramuros, Manila. File Photo  CONTINUED borrowings and a weaker peso saw the national government’s outstanding debt rise to a new record high of P13.91 trillion in April, the Bureau of the Treasury reported on Wednesday. For the month alone, P54.24 billion was added to …

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