Economy

THE Department of Transportation (DoTr) hopes to break ground on Metro Rail Transit Line 4 (MRT-4) within the first quarter of 2025. “The groundbreaking will be next year; we are…

THE Philippine Chamber of Commerce and Industry (PCCI) expects the latest round of tax reforms to support long-term growth of the business sector. In a statement on Thursday, the PCCI…

GROSS gaming revenue (GGR) rose 37.52% to P94.61 billion in the third quarter, the Philippine Amusement and Gaming Corp. (PAGCOR) said. In a statement on Thursday, the regulator said the…

THE Department of Budget and Management (DBM) said on Thursday that releases from the 2024 budget hit P5.93 trillion at the end of October, exceeding programmed allocations by P164.08 billion.…

THE Commission on Higher Education (CHED) said on Thursday that Filipino students are globally competitive, judging from the number of students placed in international institutions. “We have students who are…

By Sheldeen Joy Talavera, Reporter THE Department of Energy (DoE) said it tapped Maharlika Investment Corp. (MIC) to assist in studying how to finance the introduction of nuclear energy technology…

PAKISTAN is seeking to increase its exports of rice to the Philippines if the latter commits to take up a guaranteed volume, its ambassador to Manila said. “We are the…

THE Philippine Institute for Development Studies (PIDS) expects the economy to expand between 5.8% and 6% this year, citing the weakening of inflation. Gross domestic product (GDP) expansion was 5.2%…

THE Bureau of Internal Revenue (BIR) said it is authorized to shut down online sellers not complying with registration and tax remittance rules, alongside its authority to padlock non-compliant physical…

THE United Sugar Producers Federation of the Philippines (UNIFED) said on Wednesday that the Sugar Regulatory Administration (SRA) needs to inspect sugar milling equipment after claims emerged that cane processed…