Top News
Finance chief thumbs down higher tax rates for billionaires, prefers consumption tax
Finance Secretary Benjamin Diokno flatly rejected the suggestion of a youth representative at the House of Representatives for the imposition of higher tax rates...
Contraction in 2Q government spending prompts Budget catch up plan
A sharp quarter-on-quarter contraction in government spending in the second quarter may have spurred the Department of Budget and Management to issue on Thursday...
Philippines debt-to-GDP expected to steadily slide to 50% by 2028
The economic managers expect the country's debt to steadily decline to around 50 percent of gross domestic product before the term of President Ferdinand...
Nearly 170,000 regular government jobs remain unfilled; average monthly salary at P38,000
Looking for a job? Turn to the government.
During Thursday’s budget hearing at the House of Representatives, Zamboanga Sibugay Rep. Wilter Palma sought a clarification...
Long-horizon foreign direct investments dropped 21% over five months
Foreign direct investments, the kind that stays invested in the Philippines for the long haul, fell 34 percent in May to only $488 million,...
