The interagency Development Budget Coordination Committee (DBCC), in consultation with the Bangko Sentral ng Pilipinas (BSP), has kept the current inflation target of 3 percent, plus or minus 1 percentage point for 2024 – 2026.
President Ferdinand Marcos Jr. on Wednesday signed into law the P5.768 trillion General Appropriation Act for 2024, a budget the chief executive said was meticulously crafted by the national government and Congress to sustain the Philippines’ high-growth trajectory,
The Philippine central bank can start considering an easing of its monetary policy if inflation continued on its path and expectations remain well anchored, its governor said on Wednesday.
The International Monetary Fund's governing body has approved a 50 percent increase in quota resources to be contributed by member countries in proportion to their current IMF shareholding, bringing total quotas to $960 billion, the IMF said on Monday.
Enterprises are advised to be well-informed about the recently signed Internet Transactions Act (ITA), which seeks to protect both online consumers and merchants engaged in digital transactions.
The Bureau of the Treasury (BTr) raised P54.2 billion from its Treasury bill (T-bill) and Cash Management Bill (CMB) auction, buoyed by strong investor demand, although it partially awarded bids for the 364-day T-bill amid elevated borrowing costs.
The inaugural TaiwanLink Fair 2026 brought Taiwanese businesses together with Philippine government officials and industry representatives for two days of exhibitions, networking and cultural exchange at Glorietta Activity Center on Oct. 24 and 25.
The National Privacy Commission (NPC) and the Bureau of Internal Revenue (BIR) have discussed safeguards for personal information under the tax agency’s Registration Seal Badge program following concerns from taxpayers and other stakeholders.
The Philippine Exporters Confederation Inc. (Philexport) is urging businesses to strengthen contingency plans for water shortages, rising energy costs and supply disruptions as strong El Niño conditions are expected to persist into early 2027.