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A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BSP keeps benchmark rate steady

By Lee Chipongian  The central bank left its key rate unchanged at 4.75 percent during Thursday’s Monetary Board meeting, the third time the interest rate…


Gov’t budget deficit exceeds ceiling last year

By Chino Leyco The national government surpassed its spending program last year, which still outpaced the slightly above target revenue collections that resulted in higher-than-expected…