A JAPANESE travel reservation application and a travel company named Cebu as among the top international destinations for the Japanese market, the Department of Tourism (DoT) said. Cebu ranked third…
Editor’s Pick
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THE PHILIPPINE Chamber of Commerce and Industry (PCCI) said it supports delaying the Sugar Regulatory Administration’s (SRA) new import clearance fees for some non-sugar sweeteners. “We are glad that the…
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EconomyEditor's Pick
PHL seeks extension for $4-M World Bank loan financing Bangsamoro bases transformation
THE PHILIPPINES is seeking a four-month extension for the $4-million project loan from the World Bank to transform former separatist guerilla bases into economic engines for the Bangsamoro Autonomous Region…
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THE Bureau of Internal Revenue (BIR) said on Tuesday that it collected P2.06 trillion via e-payments in the 10 months to October. The BIR said e-payments accounted for 85% of…
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LAGUNA became the first province to exceed the P1-trillion mark in terms of economic value contributed to the economy in 2023, the Philippine Statistics Authority (PSA) reported on Tuesday. The…
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THE SENATE approved on third and final reading on Monday a bill setting up a five-tier margin-based royalty and windfall profit system for the mining industry, which is expected to…
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THE Department of Transportation (DoTr) said it is evaluating candidate sites for an integrated transport terminal in northern Metro Manila. “We’re still looking for a suitable site which can connect…
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INVESTMENT promotion agencies (IPAs) are seeking to attract more types of companies engaged in electronics manufacturing services and semiconductor manufacturing services (EMS-SMS). In a statement on Monday, the Philippine Economic…
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THE Government Service Insurance System (GSIS) has launched a loan consolidation program offering relief for indebted government workers. “Through the MPL (Multi-Purpose Loan) max, we are throwing a lifeline to…
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THE PHILIPPINES needs to support its private sector by eliminating barriers to allow it to leave the middle-income economy category, the World Bank (WB) said. At the Anti-Red Tape (ARTA)-World…