Editor’s Pick

THE Bases Conversion and Development Authority (BCDA) has signed a new memorandum of agreement (MoA) featuring higher annual lease payment for the Ninoy Aquino International Airport (NAIA) Terminal 3 (T3)…

THE PHILIPPINES was among the “lead reformers” in the Asia-Pacific region on trade facilitation, the Organisation for Economic Cooperation and Development (OECD) said in a report. Trade facilitation refers to…

THE Bureau of Internal Revenue (BIR) won a P5.7-billion tax evasion case against a Chinese-run illicit cigarette business. In a statement on Tuesday, BIR Commissioner Romeo D. Lumagui, Jr. said…

ASIAN ECONOMIES must strengthen their cooperation and partnerships in the face of geopolitical tensions and global fragmentation, the Asian Development Bank (ADB) said. “Rising geoeconomic fragmentation due to continuing global…

THE Export Development Council (EDC) said it is hoping to release downgraded targets for the Philippine Export Development Plan (PEDP) next month. “We convened the EDC executive committee weeks ago,…

CJH DEVELOPMENT Corp. (CJHDevCo) urged the Bases Conversion and Development Authority (BCDA) to respect the rights of condominium unit owners and golf shareholders. “There are about 400 (condo owners), and…

FINANCE Secretary Ralph G. Recto said the law offering value-added tax (VAT) refunds for tourists will have a multiplier effect on the economy equivalent to nearly double actual visitor spending.…

THE Philippine Economic Zone Authority (PEZA) said is refocusing its efforts on attracting Chinese investment, betting that some companies there will try to ​sidestep US tariffs. “PEZA counts Chinese investors,…

A BILL that seeks to set up a special economic zone (ecozone)  in Marikina City has been filed at the House of Representatives. Filed on Feb. 20, House Bill (HB)…

THE Department of Science and Technology (DoST) said fungal and worm diseases were largely behind losses in the onion crop of Nueva Ecija and other growing areas. The DoST said…