THE Philippine Economic Zone Authority (PEZA) said that it is hoping to increase electronics manufacturing services and semiconductor manufacturing services (EMS-SMS) investments in economic zones (ecozones). In a statement on…
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THE Department of Transportation (DoTr) is hoping to award the remaining contract packages of the Metro Manila Subway Station project by the middle of this year. “For the remaining contract…
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THE Department of Trade and Industry said it has approved price increase for 63 commodities, equivalent to 28% of the commodities covered by the suggested retail price bulletin. Trade Secretary…
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FINANCE Secretary Ralph G. Recto said that the National Tax Allotment (NTA) for local government units (LGUs) will be the equivalent of 35% of National Government revenue in 2026 when…
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THE Department of Agriculture said it lowered the price of 25% broken rice sold by the Rice-for-All program to P38 per kilogram from P40 per kilo. “This price reduction will…
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THE DEPARTMENT of Finance (DoF) pushed for a single tax rate on Thursday on all types of nicotine and vapor products to ease the collection burden on the Bureau of…
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THE economy’s 2025 expansion is expected to top 6% in 2025, Banco de Oro Unibank Inc. (BDO) said, with the Bank of the Philippine Islands (BPI) giving a 6.3% estimate…
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WHOLESALE price growth of construction materials in Metro Manila was flat while retail price growth accelerated in December, the Philippine Statistics Authority (PSA) reported on Thursday. Citing preliminary data, the…
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By Justine Irish D. Tabile, Reporter THE information technology and business process management (IT-BPM) industry said growth this year is expected to moderate because it will be measured from a…
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FINANCE Secretary Ralph G. Recto briefed local government units (LGUs) on how their National Tax Allotment (NTA) was computed, after a mayor alleged that the National Government (NG) is not…