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Tag Archives: deficit

Celtics overcome big deficit to top 76ers in London

Boston Celtics’ Jaylen Brown in action with Philadelphia 76ers’ Jerryd Bayless. REUTERS/Matthew Childs On the verge of being blown out, the Boston Celtics instead boatraced the Philadelphia 76ers on Thursday in London. Outscoring Philadelphia 66-46 in the second half, Boston ...

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PH posts $368-M balance of payments deficit in Oct

MANILA – The Philippines posted a US$ 368 million balance of payments (BOP) deficit in October, the central bank said on Monday.  Last month figures deepened this year’s BOP deficit to $ 1.735 billion as of end-October, compared with a ...

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Trade deficit narrows to $18.9 billion in Jan-Sept

MANILA – The Philippines’ trade deficit narrowed in the 9 months to September as exports recovered and imports grew at a slower pace, official data released on Friday showed. The 9-month deficit was at $ 18.9 billion, compared to $ ...

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PBA: Facing 0-3 deficit, Meralco still waiting for its shots to fall

For Meralco to break out of a slump, it needs to get more scoring help for Allen Durham. PBA Media Bureau For a team such as Meralco that’s young and looking for some guidance on the biggest stage of Philippine ...

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Trade deficit narrows in July, bodes well for growth

MANILA – The Philippines’ trade deficit narrowed in July as exports jumped while imports declined for a second straight month, a good omen for economic growth in the third quarter. The Philippines had a trade gap of $ 1.65 billion ...

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Budget deficit exceeds ceiling in Jan-June

MANILA – The government posted a budget deficit of P154.5 billion in the first half of the year, exceeding the ceiling for the period amid shortfalls in both revenue and expenditure targets, the budget minister said on Monday. The January ...

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PH posts $59-M balance of payments deficit in May

MANILA – The Philippines posted balance of payments deficit of $ 59 million in May, the fourth time this year that the country posted a deficit according to data from the Bangko Sentral ng Pilipinas (BSP).  Last week, the BSP ...

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PBA: Ginebra rips TNT to cut series deficit to 2-1

Japeth Aguilar and Barangay Ginebra forced a Game 4 after winning by 24 against TNT on Thursday. Courtesy of the PBA Media Bureau Justin Brownlee scored 31 points and grabbed 11 rebounds, and Barangay Ginebra couldn’t be stopped on offense ...

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Monaco overturn two-goal deficit as Man City fall short again

Monaco’s players celebrate after the game. Photo by Eric Gaillard, Livepic/Reuters MONACO – Monaco swept into the Champions League quarter-finals and left Manchester City to pick up the pieces of another failed European campaign after a 3-1 victory on Wednesday ...

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Diokno vows to stick to deficit spending until 2022

MANILA – President Rodrigo Duterte’s administration will stick to deficit spending until he steps down in 2022 to ensure sustainable economic growth beyond his six-year term, his budget minister told lawmakers on Monday. The seven-week-old government has vowed to fix ...

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