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Makati 2022 tax take up 16% to P21B

The local government of Makati on Tuesday reported exceeding its 2022 revenue target by 16 percent during the year to P20.9-billion.  Makati Mayor Abby Binay...

11-month remittances total only $32.6B thus far

The remittances of overseas Filipinos have risen 3.4 percent higher in the first 11 months this year to $32.6 billion, the Bangko Sentral ng...

Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.

Global trade growth seen decelerating further this year

Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

Second-order inflation fears grip Bangko Sentral ng Pilipinas the most

Of all the threats to the stability of the price of services and goods in the economy, nothing grips the regulator, the Bangko Sentral...

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AppleOne Boosts Growth with Cebu Mall Expansion 

 AppleOne Group is ramping up its portfolio with a bold retail and mixed-use expansion, unveiling its first mall property at the Mahi Center near Mactan-Cebu International Airport.

SC ruling strengthens Philippine nickel sector confidence

A recent Supreme Court decision dismissing a Writ of Kalikasan petition against Hinatuan Mining Corp. is seen by the Philippine nickel industry as a boost to investor confidence and regulatory stability.

Paraguay pushes trade, investment, ties with Philippines

Paraguay is seeking to strengthen trade, investment, and diplomatic ties with the Philippines and the broader Southeast Asian region, President Santiago Peña said Monday during the signing of key bilateral agreements.

Travel agencies urge clearer BIR tax rules

Leading Philippine travel associations are pressing the government to clarify tax rules for agency transactions, warning that inconsistent interpretations by Revenue District Offices (RDOs) are driving up compliance costs and sparking audit disputes.

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