Economy
Philippines pushes ASEAN from plans to action
The Philippines is pushing Association of Southeast Asian Nations to move from setting economic agendas to implementing concrete measures as the region confronts supply-chain disruptions, geopolitical tensions, trade restrictions and uncertainty in global markets.
PAGCOR decoupling nears decision as Tengco backs regulator-only role
The proposed separation of PAGCOR’s regulatory and casino-operating functions is nearing a key government decision, with Chairman and chief executive officer Alejandro H. Tengco pushing for the state gaming agency to focus solely on regulation.
DBCC nears fuel tax recommendation as oil stays high
The Development Budget Coordination Committee (DBCC) is finalizing its recommendation on possible fuel excise tax relief as elevated global oil prices continue to push up domestic pump prices, Malacañang said Thursday.
Beverage group warns P20 tax could raise drink prices
A proposed P20 increase in the excise tax on sweetened beverages could push up drink prices and put further pressure on consumers and small retailers, the Beverage Industry Association of the Philippines (BIAP) warned.
Philippines to unlock financing, markets for ASEAN MSMEs
The Philippines will launch five regional initiatives to expand financing, market access, mentorship, and digital support for micro, small, and medium enterprises (MSMEs) as it hosts the ASEAN MSME Summit on Sept. 21 in Pasay City.
