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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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Japan envoy visits Davao, highlights 70 years of Japan–Philippines friendship

Japan’s Ambassador ENDO Kazuya visited Davao City for a series of engagements aimed at strengthening Japan–Philippines relations, as both countries commemorate the 70th anniversary of their diplomatic friendship this year.

Compose Coffee posts strong Taiwan debut as Jollibee Group pushes global coffee expansion

Jollibee Foods Corporation (JFC) reported a strong start for its South Korean coffee brand, Compose Coffee, after its pre-opening debut in Taiwan, as part of the company’s growing international coffee strategy.

Government to press Meta for stronger action on fake news

The Department of Information and Communications Technology (DICT) said it will meet with Meta to demand clearer and time-bound steps to address the spread of disinformation on its platforms.

Demand surge drives treasury bill yields lower

Strong investor demand pushed yields lower at Monday’s treasury bill auction, as easing market concerns over tensions in the Middle East boosted appetite for short-term government debt.

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