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‘There is room to increase excise tax on sin products’
Researchers have determined there remains room to increase the tax on alcohol, tobacco, e-cigarettes, vape and heated tobacco products.
Trade deficit widens to $4.17B in Oct as exports fall at double-digit pace
The trade deficit widened in October to USD4.17 billion as the value of exports fell more sharply compared to the decline in the value of the country’s imports.
IMF’s Gopinath says economic fragmentation could cut global GDP by 7%
The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new Cold War" given the conflict in Ukraine and U.S.-China tensions.
Exporters stand to gain USD49-billion estimated untapped export revenue under catch-up plan
The export sector has yet to exploit an untapped revenue source estimated at some USD49 billion for a number of reasons, chief among them the sector's inability to diversify, among other critical factors.
DA hands over P400M worth of farm machinery in Nueva Ecija
The Philippine Center for Post-harvest Development and Mechanization (PhilMech), an adjunct of the Department of Agriculture, has turned over P398.5 million worth of agricultural machinery to the province of Nueva Ecija.
