Economy

THE PHILIPPINES must work fast to seize the opportunities presented by shifting trade patterns in the face of the disruption caused by the new US tariffs regime, a former Bangko…

BUSINESSES need to build around a mobile-first strategy in engaging the most influential consumers in key Asia-Pacific markets, including the Philippines, global market research firm Ipsos said. The Ipsos Global…

SECRETARY Frederick D. Go said he expects the uncertainty arising from the tariff disruptions being resolved soon, citing the progress made in resetting the US tariff rates for Chinese goods.…

THE Department of Finance (DoF) said on Thursday that it received a P2.49-billion dividend from the Clark Development Corp. (CDC), up 38%. CDC operates, administers, manages, and develops the Clark…

More than a year has passed since the Philippines became part of the OECD BEPS Inclusive Framework. While the tax authorities here had issued several transfer pricing regulations prior to…

STATE-RUN FIRMS remitted P76 billion worth of dividends to the Treasury as of May, with the Department of Finance (DoF) expecting the final amount this year to exceed the 2024…

THE Civil Aeronautics Board (CAB) said it will reduce the airline passenger fuel surcharge for June. The June surcharge has been downgraded to Level 3 from Level 4 the previous…

THE Department of Trade and Industry (DTI) said South Korean companies led by Lotte Group are planning food service and retail investments in the Philippines. In a statement on Wednesday,…

THE Department of Agriculture (DA) said it hopes to expand the coverage of its P20-per-kilo rice pilot test to reach about 14 million beneficiaries by September. The program will be…

THE Department of Energy (DoE) said it endorsed five renewable energy (RE) projects to undergo a system impact study (SIS) with the National Grid Corp. of the Philippines. “In April…