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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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NGCP to review new ERC rules allowing other entities to build transmission projects

The National Grid Corporation of the Philippines (NGCP) is evaluating regulations issued by the Energy Regulatory Commission (ERC).

Fuel price rollbacks seen this week amid US-Iran peace talks

Significant price reductions for gasoline and diesel are expected to take effect this week, according to a local fuel retailer.

DOT holds line on arrivals, boosts travel deals

The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

Globe calls for technology-neutral policies to build inclusive national connectivity

Globe Telecom Inc. is advocating for policies that do not favor any single technology, in order to encourage innovation while maintaining strict standards for service quality, security, consumer rights, and fair competition.

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