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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...
