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Categories Economy

Protectionism shields bulk of PHL diet from imports — PIDS

January 18, 2023

THE bulk of the Philippine diet enjoys protection from import competition, according to the Philippine Institute for Development Studies (PIDS), a government

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Categories Economy

House panel estimates luxury tax will generate P12.4B a year

January 18, 2023

THE House Committee on Ways and Means said it expects its proposed luxury tax to raise at least P12.4 billion a year. “I’m

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Categories Economy

Philippines cedes tax revenue under global minimum tax rules

January 18, 2023

To expedite the revival of the economy from the pandemic and restore its trajectory towards upper middle-income status, the government has eased

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Categories Economy

Aboitiz, Zobel de Ayala headline PHL business delegation to Davos 

January 17, 2023

THE Philippine business delegation to the Davos conference in Switzerland was led by the heads of some of the country’s biggest blue-chip

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Categories Economy

Film industry bats for reduced taxes in Congress

January 17, 2023

THE film industry told Congress it is too heavily taxed, and added that reducing the tax burden would encourage filmmakers to produce

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Categories Economy

SRA calls for sale of smuggled sugar at Kadiwa stores

January 17, 2023

THE Sugar Regulatory Administration (SRA) said sugar seized from smugglers should be sold to the public via the Department of Agriculture’s (DA’s)

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Categories Economy

Government generates P681M in procurement savings

January 17, 2023

THE GOVERNMENT generated savings of P681.2 million from procurement efficiencies in 2022, up 21.8% from a year earlier, the Department of Budget

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Categories Economy

BSP notes improvement in accuracy of household inflation views

January 17, 2023

THE Bangko Sentral ng Pilipinas (BSP) said household estimates of inflation have been improving in accuracy since 2014, possibly influencing monetary policy

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Categories Economy

PHL mangrove losses second worst in region

January 17, 2023

THE PHILIPPINES lost 10.5% of its mangrove trees between 1990 and 2010, trailing only Myanmar’s losses of 27.6%, which are reckoned for

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Categories Economy

PHL looks to US, Japanese tech to improve connectivity

January 17, 2023

THE Department of Information and Communications Technology (DICT) said on Tuesday that it hopes to tap US and Japanese technology to improve

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