The rate of increase in consumer prices may likely grow at a faster pace this month because of base effects, but will still remain within the government’s target, the Department…
The government is losing P5 billion annually from leakages arising from the value-added tax (VAT) exemptions for senior citizens and another P100 billion from tax holidays for corporations plus other…
The government is losing P5 billion annually from leakages arising from the value-added tax (VAT) exemptions for senior citizens and another P100 billion from tax holidays for corporations plus other…
TOKYO—The Philippines and Japan have formalized several agreements that would help the former improve its maritime safety capability, including a deal for a P16.5 billion yen concessional loan covered by…
Fourteen ambassadors representing the member-countries of the European Union (EU) have expressed their continued support for the Duterte administration’s 10-point socioeconomic agenda and bared plans to invest more in the…
The Philippines moved up four notches this year to No. 99 out of 190 economies and ranked 7th among 10 Association of Southeast Asian Nations (ASEAN) member-countries in the annual…
Indigent senior citizens and persons with disabilities (PWDs), along with low-income electricity consumers and small entrepreneurs, will be protected through direct and indirect social protection measures under the tax reform…
President Duterte’s economic managers have formally guaranteed highly targeted, direct and indirect subsidies plus other social protection initiatives to shield the poor and low-income households from the impact of the…
Given the rare convergence of a sustained economic expansion and unmatched popular support behind a newly elected president, the Philippines is blessed with the “elbowroom” to undertake the institutional reforms…
The Foundation for Economic Freedom (FEF) has lauded the tax reform program submitted by the Department of Finance (DOF) to the Congress, describing it as the groundwork for achieving the…
