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…
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THE economy’s growth is expected to slow to 6.1% in 2025 from an expected 6.2% last year, Moody’s Ratings said. In an outlook, Moody’s called the 6.1% projection “above-trend.” The…
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METRO PACIFIC Investments Corp. (MPIC) Chairman Manuel V. Pangilinan called on Philippine companies to further embrace artificial intelligence (AI) to remain globally competitive. “AI is touted as this monumental technology…
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PHILSTAR FILE PHOTO THE Bases Conversion and Development Authority (BCDA) said that it expects to generate investments of up to P10 billion in Camp John Hay (CJH) after its reversion…