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FDIs nosedive by 46% to $448M in January

The Philippines started on the wrong foot as foreign direct investments (FDIs) that entered the country nosedived by 45.7 percent to a 20-month low...

Economy creates more jobs in February but not enough; rank of jobless rise

Around 102,000 Filipinos joined the ranks of the unemployed in February,  raising the number of the jobless to 2.47 million from 2.37 million in...

Statistics Office revise down 4Q GDP growth to 7.1%

The Philippine Statistics Authority has released the revised estimates of the national accounts for the fourth quarter but the annual rates of growth for...

Digital enterprises obliged to pay taxes, reminds BIR exec

The Bureau of Internal Revenue (BIR) is reminding digital enterprises that, like traditional businesses, they are covered by the Tax Code and have tax...

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