MAP, AmCham back Charter change, only for economic provisions
TWO BUSINESS groups expressed support for changes to the 1987 Constitution, but only if it would cover the economic-related provisions.
“Our stand is that we...
DA urged to review tax-free importation of palm oil
THE FEDERATION of Philippine Industries (FPI) urged the government to review its policy of allowing the tax-free importation of palm oil, citing the adverse...
Ambitious PHL policies needed to cut investment costs for low-carbon transportation, says lTF
LEIPZIG, Germany — The Philippines can reduce the cost of investment required for its core infrastructure to shift towards low- and zero-emission transportation if it starts to implement more ambitious policies, according to experts from the International Transport Forum (ITF).
PEZA may exceed investment goal
THE Philippine Economic Zone Authority (PEZA) is aiming to approve more than P100 billion in investment pledges by the end of the year, led by a potential investor relocating from China.
Finance dep’t touts sustained fiscal performance as of May
THE GOVERNMENT’S “impressive” fiscal performance was sustained in May, the Finance chief said, adding that this showed successful implementation of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law.
House body eases foreign retailer rules
THE HOUSE of Representatives Committee on Trade and Industry on Tuesday approved the bill that makes it easier for foreigners to break into the country’s retail space.
From homeless to home builder
BEVERLY DAYANAN is no stranger to hardship. Born to an impoverished family in rural Davao and the second eldest among seven children, Ms. Dayanan faced significant challenges to achieve her dreams. With her household’s economic difficulties, she was determined to work hard and uplift her family from poverty.
NG budget deficit narrows in March
THE NATIONAL Government’s (NG) budget gap narrowed in March as revenue collection and spending grew by double digits, the Bureau of the Treasury (BTr) reported on Wednesday.
Philippine economy may underperform
By Luz Wendy T. Noble, Reporter
The Philippine economy could underperform this year as investment remains muted and consumption is hindered by slow vaccination progress...
Duterte vetoes P95-billion items as he signs 2019 budget into law
PRESIDENT Rodrigo R. Duterte on Monday finally signed the four-month delayed P3.757-trillion 2019 national budget into law, but vetoed about P95.3 billion in appropriations.
Inflation further decelerates in June
HEADLINE INFLATION slowed for a fifth straight month in June, the lowest in 14 months, as food and transport prices eased, the state statistics agency said on Wednesday.