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‘Left to its own, Ph economy is OK’

Teresita Sy Coson, BDO chairperson, late on Wednesday said the Philippines should do well as a country next year even though it faces a number of challenges.

‘There is room to increase excise tax on sin products’

Researchers have determined there remains room to increase the tax on alcohol, tobacco, e-cigarettes, vape and heated tobacco products. 

Trade deficit widens to $4.17B in Oct as exports fall at double-digit pace

The trade deficit widened in October to USD4.17 billion as the value of exports fell more sharply compared to the decline in the value of the country’s imports.

IMF’s Gopinath says economic fragmentation could cut global GDP by 7%

The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new Cold War" given the conflict in Ukraine and U.S.-China tensions.

Exporters stand to gain USD49-billion estimated untapped export revenue under catch-up plan

The export sector has yet to exploit an untapped revenue source estimated at some USD49 billion for a number of reasons, chief among them the sector's inability to diversify, among other critical factors.

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