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THE NATIONAL GOVERNMENT’S (NG) outstanding debt jumped to a fresh high P17.27 trillion as of end-June, data from the Bureau of the Treasury (BTr) showed. The latest data from the BTr showed ...
THE Philippines’ trade-in-goods deficit narrowed to $3.95 billion in June, as double-digit export growth was driven by frontloading in the run-up to higher US tariffs, the Philippine Statistics ...
ANALYSTS are urging the Philippine government to abolish the “outdated” travel tax, but the Department of Finance (DoF) has warned this could lead to as much as P5.1 billion in revenue losses.
PHILIPPINE EMPLOYERS expect to see a decline in their salary budgets in 2026, which could affect potential pay hikes for private sector workers, global advisory firm WTW said.
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits continued to drop on Wednesday, even as the shorter tenor went undersubscribed, following signals of a potential rate cut next month. The ...
THE BANGKO Sentral ng Pilipinas (BSP) is set to issue new guidelines this year that will allow banks to offer their customers insurance products from multiple providers. “A draft circular amending the ...
THE Supreme Court (SC) has ruled that the income taxes of private contractors in the Malampaya natural gas project are included in the government’s 60% share of the project’s net proceeds, effectively ...
BANKS may see changes in their deposit base as clients could reallocate their funds following the removal of tax perks for long-term deposits under the Capital Markets Efficiency Promotion Act (CMEPA) ...
GLENDA BARRETTO, the founder of Via Mare and caterer to grand feasts for world leaders visiting the Philippines, was honored with a Lifetime Achievement Award at the 6th Bravo Empowered Women Awards.
OFFICE VACANCY levels in Metro Manila may rise with the completion of new projects from this year through 2030, according to property services firm JLL Philippines. “For upcoming (office) stock, we ...
THE Department of Energy (DoE) endorsed 17 power projects to the National Grid Corp. of the Philippines (NGCP) in June to undergo a system impact study (SIS). “In June 2025, the DoE issued 17 SIS ...
THE LIFE INSURANCE industry is bullish on its growth prospects despite global uncertainties, the Philippine Life Insurers Association (PLIA) said. “More branches and more expansion into the ...
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