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WORKERS paint the fur of realistic pet plushies at a factory in Angeles City, Pampanga, March 10, 2023. — REUTERS/LISA MARIE DAVID PHILIPPINE factory activity in June expanded at its fastest pace in two months as production rebounded and new orders rose, S&P Global said.

PHILSTAR FILE PHOTOTHE GOVERNMENT is still planning to source additional borrowings from the domestic market to fund the ballooning budget deficit.“We’re still finalizing the details of our borrowing program, but we’re still targeting the 80-20 [local to foreign] funding split,” National Treasurer Sharon P. Almanza

PRESIDENT Ferdinand R. Marcos, Jr. (left) and Philippine Stock Exchange Chairperson Jose T. Pardo ring the opening bell on the trading floor. — YUMMIE DINGDING/PPA POOLPRESIDENT Ferdinand R. Marcos, Jr. directed the Securities and Exchange Commission (SEC) to streamline its processes and slash transaction costs