Economy

THE privatization of the Ninoy Aquino International Airport (NAIA) could kick off in the first quarter of 2024, the Department of Transportation (DoTr) said. “That is a very tough and…

PHILIPPINE metal production by value rose 22.83% in the first quarter on stronger prices and higher output of gold, nickel ore, and chromite, according to the Mines and Geosciences Bureau…

THE PHILIPPINES is the number two recipient of climate financing in Southeast Asia, after Indonesia, the Lowy Institute said in a report. “Climate development finance disbursements to the Philippines average…

PRESIDENT Ferdinand R. Marcos, Jr. said on Wednesday that the streamlining of government processes, including permit issuance and tax administration, will make the investment environment more attractive for private-sector partners.…

THE Department of Trade and Industry (DTI) said two trade deals are expected to strengthen the Philippines-Japan economic relationship. The DTI said in a statement on Wednesday that the Regional…

THE UK Developing Countries Trading Scheme (DCTS) is expected to help Philippine exporters save around 21 million pounds a year in tariffs. The projected savings will be the result of…

THE GOVERNMENT needs to act urgently in acquiring vaccines to contain the spread of avian influenza (AI) or bird flu, poultry industry officials said. On the sidelines of a poultry…

PRESIDENT Ferdinand R. Marcos, Jr. has directed his diplomats to work towards expanding trade  and security relationships with the Philippines’ non-traditional partners. Seeking fresh markets and defense ties will help…

THE Philippine e-commerce market is expected to grow 15% to at least $16 billion in 2023, logistics platform Locad said. Constantin Robertz, Locad chief executive officer, said growth rates are…

The CREATE Law (Republic Act No. 11534) which took effect in 2021 introduced tax reforms which are thought to benefit the government and the country in the long run. The…