Economy

STEELASIA Manufacturing Corp. said it commissioned its first solar rooftop photovoltaic (PV) system at its Meycauayan steel plant in Bulacan. “This solar project is a crucial step in reducing the…

EXPORTERS will have 18 months to comply with the European Union’s (EU) new packaging and came into force on Feb. 11, the Department of Trade and Industry (DTI) said. “Philippine…

THE Public-Private Partnership (PPP) Center and Ilocos Norte province signed an agreement to boost the province’s infrastructure and support its agriculture and technology industries. In a statement on Tuesday, the…

THE Bureau of Internal Revenue (BIR) has released revenue regulations (RR) to implement reduced corporate income tax rates and value-added tax (VAT) procedures for registered business enterprises under the Corporate…

By Adrian H. Halili, Reporter THE SENATE is gathering data to support its position on a five-year grace period before imposing a ban on the export of unprocessed minerals, its…

THE Philippine Economic Zone Authority (PEZA) said it is considering liquefied natural gas (LNG) to power industrial locators within economic zones (ecozones). “More than energy production, PEZA is looking at…

THE DECLINE in prices for farm products paid by producers accelerated in the fourth quarter to -7.0%, the Philippine Statistics Authority (PSA) said in a report. The fourth-quarter reading compares…

OCEANAGOLD Philippines, Inc. said on Monday that it paid P397.7 million in local business tax to three municipalities in 2025. In a statement, the mining firm said it remitted local…

THE National Government’s (NG) budget deficit may fall within the ceiling of 5.3% of gross domestic product (GDP) this year, as lower interest rates and improved revenue collection boost fiscal…

AUTO PARTS makers said their dependence on imports and rising costs are keeping them from reaping the benefits of strong car sales in the Philippines. In a statement over the…