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Categories Economy

Opposition cites revenue potential of wealth tax vs luxury tax

January 19, 2023

THE Makabayan bloc of legislators said a wealth tax will generate more revenue than a proposed tax on luxury goods. The proposed revenue

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Categories Economy

Foreign chambers press for Senate action on Open Access in Data Transmission measure 

January 19, 2023

THE members of the Joint Foreign Chambers (JFC) have called on the Senate to act on an open-access bill for data transmission,

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Categories Economy

Undersized poultry, egg shortage, and the need for an information network to improve Philippine agriculture

January 19, 2023

The broiler industry is in the black, but Filipino producers are still proceeding cautiously, according to Elias Jose “Bong” M. Inciong, president

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Categories Economy

DA issues initial estimate of 450,000 MT in sugar imports

January 18, 2023

THE Department of Agriculture (DA) is considering sugar imports of as much as 450,000 metric tons (MT) following an order from the

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Categories Economy

US CHIPS law not expected to rule out foreign production

January 18, 2023

THE head of the US Semiconductor Industry Association (SIA) is exploring the Philippines as a hub, noting that a recent US law

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Categories Economy

Marcos says cybersecurity upgrades to accompany digitalization push

January 18, 2023

PRESIDENT Ferdinand R. Marcos, Jr. promised a corresponding effort to upgrade cybersecurity alongside his government’s push to digitalize the bureaucracy, the Palace

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Categories Economy

Growth in November bulk prices eases to nine-month low

January 18, 2023

GROWTH in the bulk prices of general goods eased to a nine-month low in November as supply stabilized. According to preliminary data from

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Categories Economy

Iodized salt law blamed for decline in PHL output

January 18, 2023

THE long-term decline in domestic salt production has been blamed by Senators on a 1995 law promoting iodization, which they said opened

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Categories Economy

PCCI warns of brand exodus if luxury tax passes

January 18, 2023

THE proposed tax on luxury goods risks the departure from the Philippine market of luxury-goods brands, possibly undermining the Philippines’ appeal as

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Categories Economy

PPA sees monitoring system reducing logistics costs

January 18, 2023

THE Philippine Ports Authority (PPA) said its upcoming Trusted Operator Program-Container Registry and Monitoring System, or TOP-CRMS, will help reduce logistics costs

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