Editor’s Pick

PRICE GROWTH of wholesale goods slowed further to a five-year low of 2.5% in 2024 due to a slowdown in food price growth, the Philippines Statistics Authority (PSA) reported on…

Imagine a world where the rules of the game are crystal clear. In December, the Bureau of Internal Revenue (BIR) took a huge step to clarify the tax treatment of…

By Beatriz Marie D. Cruz, Reporter SOME public works projects are expected to experience minor delays due to the spending ban leading up to the midterm elections in May, government…

A COURT challenge to the 2025 budget has been filed, with the Supreme Court (SC) asked to rule on the spending plan’s legality by the Marcos administration’s first Executive Secretary.…

By Justine Irish D. Tabile, Reporter NESTLÉ Philippines, Inc. said it set aside P6 billion to expand factory capacity and improve their efficiency. At a media event on Tuesday, Nestlé…

BUREAU of Internal Revenue (BIR) Commissioner Romeo D. Lumagui, Jr. on Tuesday gave a preliminary estimate for Philippine tobacco revenue at $7.3 billion in 2024. “The Philippines, as one of…

THE Bases Conversion and Development Authority (BCDA) said it signed three new long-term residential lease deals for units at Camp John Hay. In a statement on Tuesday, the BCDA said…

THE Employers Confederation of the Philippines (ECoP) said that it will revive its Job Opportunities Building Skills (J.O.B.S.) program this year with the goal of including the informal sector. “That…

THE Board of Investments (BoI) said on Tuesday that a Japanese company is considering setting up a quick-stop car repair service in Pampanga by July. The BoI said it met…

TOBACCO leaf production increased 7.45% to 45.4 million kilograms in 2024, with more farmers encouraged to plant by export opportunities and local government prodding, according to the National Tobacco Administration…