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Single-use plastics tax in the works
The Philippines is looking at various tax reforms including excise tax on single-use plastic bags as part of initiatives to address plastic pollution and mitigate the impact of climate change, according to a Department of Finance (DOF) official.
More Filipinos prefer living in before getting married — PSA
The Filipinos’ view of love, marriage and relationships has changed dramatically between 2015 and 2020, with the young generation of Filipinos who are romantically involved preferring to cohabit even before matrimony, data released Friday by the Philippine Statistics Authority indicated.
Foreign investment pledges in 4Q up 30% to P174 billion
Foreign investment pledges made with six investment promotion agencies of the government increased to P173.61 billion in the fourth quarter, up 30 percent from the P133.47 billion made in the year-earlier period, the Philippine Statistics Authority said.
Broadening price pressures compel BSP to raise rates anew by 50 basis points
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) at its meeting on Thursday raised the interest rate on the its overnight reverse repurchase facility by 50 basis points to 6 percent, effective tomorrow, 17 February 2023.
BSP greenlights GCash Overseas beta app
GCash, Globe Telecom’s mobile wallet, on Thursday secured the approval of the Bangko Sentral ng Pilipinas (BSP) to use the e-wallet overseas using international...
