Top News
Excise tax, VAT suspension risks fiscal hole, Senate told
The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.
Power rates rise in March; households, businesses face higher electricity bills
The Manila Electric Company (Meralco) announced a power rate increase for March, raising electricity prices by P0.6427 per kilowatt-hour (kWh).
Bank lending, liquidity growth signal steady credit conditions in January
Bank lending and money supply continued to expand in January 2026, indicating steady credit conditions in the financial system, according to the Bangko Sentral ng Pilipinas (BSP). The latest data show that while credit growth remains strong, the pace of expansion has slightly moderated.
PCCI weighs 4-day workweek’s uneven economic effects
A four-day compressed workweek could deliver meaningful savings for Filipino workers, but the policy may also dent earnings in the country’s public transport sector, according to the Philippine Chamber of Commerce and Industry (PCCI).
MARINA helps shipping firms navigate rising fuel risks
The Maritime Industry Authority (MARINA) has ordered domestic shipping operators to adjust operations and allow the imposition of fuel surcharges as geopolitical tensions in the Middle East pushes global oil prices higher, raising cost pressures for the Philippines’ vital inter-island transport network.
