The interagency Development Budget Coordination Committee (DBCC) is sanguine of revenue as percent of local output expansion, measured as the gross domestic product (GDP), exceeding this year's target and equal at least 15.7 percent of GDP.
Businessman Secretary Francisco Tiu Laurel Jr. was sworn-in Friday by President Ferdinand Marcos Jr. as new agriculture secretary, confident that Laurel’s affinity with the sector will help him rally farmers and fisherfolks to make the country food secure.
The Bangko Sentral ng Pilipinas (BSP) forecasts inflation to have eased in October and should not top 5.9 percent or significantly lower than the headline print of 6.1 percent in September.
The total outstanding debt of the Philippine government declined in September by P80.9 billion to P14.27 trillion due mainly to net repayments of both domestic and foreign debts during the month.
The Bureau of Customs (BOC) exceeded its nine-month collection goal by 2.5 percent to P660.4 billion or by P16.2 billion instead of only P644.2 billion under the program, the Bureau of the Treasury under Bienvenido Y. Rubio, said.
Binalot Foods Corp., the fast-casual brand famed for meals wrapped in banana leaves, is sharpening its growth playbook as it deepens its Philippine footprint and eyes a return to overseas markets.
The Board of Investments (BOI) has approved P977 billion worth of investment projects year to date, signaling robust investor confidence and reinforcing the Philippines’ push to become a regional hub for smart and sustainable investments.
The Department of Transportation (DOTr) has ordered the Maritime Industry Authority (MARINA) to speed up the deployment of additional passenger ships at Lucena ports to uuuaddress the growing number of travelers heading to Romblon for Christmas.