Economy

THE Department of Finance (DoF) said it is pushing for Congressional approval of the new charters of state-run banks Land Bank of the Philippines (LANDBANK) and the Development Bank of…

THE Department of Budget and Management (DBM) has approved the guidelines and regulations governing a subsidy that will allow government employees to obtain their own health insurance coverage. Circular No.…

THE IT & Business Process Association of the Philippines (IBPAP) called for comprehensive efforts to prepare the workforce in all industries for the opportunities and challenges of artificial intelligence (AI).…

By Justine Irish D. Tabile, Reporter THE PHILIPPINES can establish a niche for itself in commercial electric vehicle (EV) manufacturing as its entry point into the global EV supply chain,…

THE Philippine Statistics Authority (PSA) said only 21.8% of the 19.68 million persons engaged in agriculture own or have rights to their farmland. The 2022 Census of Agriculture and Fisheries…

THE Government Service Insurance System (GSIS) has set aside nearly P8.6 billion in emergency loans for members and pensioners in Luzon affected by typhoons. The loans are expected to benefit…

By Aubrey Rose A. Inosante, Reporter THE National Government’s (NG) budget deficit likely came in within the P1.52-trillion ceiling in 2024 as spending expected to have surged in December, analysts…

THE GOVERNMENT’S 2025 spending plan may not support the administration’s social and economic priorities as “budget politics” continues to affect allocations, GlobalSource Partners said. “These budget politics in the Philippines…

THE gross value added (GVA) of crops and livestock is expected to post modest growth this year with the La Niña producing above-normal rainfall, the University of Asia and the…

By Justine Irish D. Tabile, Reporter THE Philippine Economic Zone Authority (PEZA) said that it is ready to receive the initial 2,000 hectares of the Iwahig Prison Penal Farm early…