Economy to remain strong amid headwinds from NCov, other challenges

Finance Secretary Carlos Dominguez III said Tuesday the Philippine economy would be able to sustain its momentum of growth this year despite the challenges posed by the global spread of…

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E-cigarette manufacturer backs ‘sin’ tax reform

A major manufacturer of cartridge-based electronic cigarettes has committed to fully comply with a new law signed recently by President Duterte that will increase excise taxes on heated tobacco products…

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China donates RMB1-M to PHL for Taal relief efforts

The People’s Republic of China has pledged a 1-million renminbi (equivalent to P7.2 million) cash donation to the Philippine government to assist in the ongoing disaster relief efforts for the…

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Three forecasters accurately predicted 6.4% GDP growth for 2019 Q4

Three forecasters have accurately predicted the 6.4 percent gross domestic product (GDP) expansion for the October-December 2019 period, according to an analysis by the Department of Finance (DOF) of the…

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