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Business chiefs ask Malacanang to suspend Philhealth contribution hike 

Business leaders petition the Marcos administration to suspend the increase in contribution to the Philippine Health Insurance Corporation (Philhealth) indefinitely until complaints against the...

BSP governor rules out easing rates ‘soon’

The central bank governor on Wednesday ruled out rate cuts anytime soon due to upside inflation risks and signaled that borrowing costs will remain higher for longer.

JCRA affirms Philippines A- rating, stable outlook

​The Japan Credit Rating Agency, Ltd. (JCRA) has kept the country's investment-grade credit rating of A minus (A-) with a stable outlook.

Higher tax collection narrows budget deficit in 2023 to P1.512T

Increased tax collection last year narrowed the government’s budget deficit to P1.512 trillion from P1.614 trillion in 2022, albeit slightly wider than the P1.499 trillion deficit target for the year.

NG debt rise to P14.79T in January on increased domestic borrowings

The total national government debt at the end of January reach P14.79 trillion, up P173.91 billion from the level at the end December 2023, nudged higher by an increase in domestic borrowings for budget support.

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Mixed fuel price changes mark fourth week in series

Fuel prices willl see mixed adjustments for the fourth week in a row, taking effect Tuesday morning, October 27. Gasoline will go down by P0.30 per liter, while diesel rises P1.20 per liter and kerosene goes up by P0.50 per liter, as confirmed by major suppliers including Petron and Seaoil, following the Department of Energy’s announcement Monday.

Gov’t explores funding routes for nuclear program; US offers up to $5B support

The Department of Energy (DOE) confirmed Monday the government is pursuing multiple financing avenues to kickstart the country’s nuclear energy program, with the United States offering at least $5 billion in potential funding support.

Gardencourt brings garden living to Taguig’s Arca South

Ayala Land Premier (ALP) has begun turning over units at Gardencourt Residences, bringing its garden-centered residential concept to life at Arca South, the 74-hectare mixed-use estate in Taguig.

BIR suspends online tax registration badge requirement

The Bureau of Internal Revenue (BIR) has suspended the Oct. 31 deadline for taxpayers to post a registration badge online, responding to privacy and technical concerns raised by online sellers, content creators and other taxpayers.

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