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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...

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...

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,...

Villar tops Forbes list of 10 richest Filipinos

Politician turned businessman Manuel B. Villar Jr. remained the country’s richest individual, bested only by the Sy siblings who remain at the top of...

Cost pressures, low government consumption moderate 2Q growth of only 4.3%

Local output growth measured as the gross domestic product (GDP) expanded at a slower pace of only 4.3 percent in the second quarter this...

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DA backs hog raisers with import restrictions and tariff reform support 

Department of Agriculture Secretary Francisco Tiu Laurel Jr. has pledged strong support for Filipino hog raisers suffering from steep financial losses caused by cheap foreign pork and dropping farmgate prices.

Fuel prices split again: gasoline drops while diesel spikes 

Consumers and business owners face another week of contrasting fuel prices as global supply tensions continue to ripple through local pumps. Gasoline prices are projected to decrease by up to ₱1.00 per liter, offering mild relief to private motorists, while diesel prices are expected to rise significantly by up to ₱3.00 per liter, according to estimates from Jetti Petroleum.

DigiPlus plans up to 60 new games next year, pushes local content and original franchises 

DigiPlus Interactive Corp. aims to launch as many as 60 new games next year, expanding its lineup as competition heats up in the Philippine online gaming space. The company is also stepping up its focus on original, locally developed titles rather than relying on foreign content, setting it apart from many industry peers.

Analog TV in Mega Manila to shut down November 22

The National Telecommunications Commission (NTC) has confirmed analog television broadcasts in Mega Manila will officially cease on November 22, 2026, marking a major milestone in the country’s shift to digital TV. Deputy Commissioner Alvin Blanco said the target date is firm, and that television networks have been preparing public service announcements and information materials to help people get ready for the change.

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