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ECOP chief seeks balanced, inclusive representation on P150 wage hike

The umbrella organization of Philippine employers called for a more balanced and inclusive representation of all the sectors to be affected by the...

Foreign currency reserves marginally lower in April at $101-B

The Bangko Sentral ng Pilipinas (BSP) reported the preliminary gross international reserves (GIR) reaching $101.51 billion in April this year, marginally lower than March...

Former Mastercard CEO and global equity investor heads World Bank

The World Bank recently selected a new president to a five-year term beginning 2 June this year. Ajay Banga, former president and CEO at Mastercard...

Inflation decelerates in April to 6.6% on lower food, electricity prices

Lower prices of food, electricity, and cooking gas helped further slow down headline inflation in April to 6.6 percent, extending a deceleration that started...

BOC achieves highest daily collection of P7.510-B

The Bureau of Customs (BOC) achieved a significant milestone on 28 April this year with a record-breaking daily collection of P7.510 billion.  This impressive feat...

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DTI deploys P7B financing package amid Middle East conflict

The Department of Trade and Industry (DTI) is mobilizing a P7-billion financing package through the Small Business Corp. (SB Corp.) to support exporters, overseas Filipino workers (OFWs), and women-led enterprises as tensions in the Middle East threaten to ripple through global trade and employment.

Bounty Fresh eyes wider Southeast Asia expansion 

As it marks four decades in the poultry business, Bounty Fresh Group Holdings Inc. is setting its sights beyond the Philippine market, outlining plans to expand further across Southeast Asia as part of a long-term push to become a regional food player.

Excise tax, VAT suspension risks fiscal hole, Senate told

The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.

SRA holds talks with sugar industry on programs supporting prices

The Sugar Regulatory Administration (SRA) met with local sugar producers, millers, and labor representatives this week to discuss ways to address current challenges in the sugar sector.

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