SBMA remits P1.47-billion dividend to Treasury
THE Subic Bay Metropolitan Authority (SBMA) remitted P1.47 billion worth of dividends to the National Government, the Department of Finance (DoF) said.
The remittance will...
MSME business sentiment improves in 2025 — BCG
MOST Philippine micro-, small-, and medium-sized enterprises (MSMEs) are expecting stronger results this year after a slow recovery last year, the Boston Consulting Group...
Cheaper imports, P20 subsidized rice blamed for palay farmgate decline
THE further decline in the farmgate price of palay (unmilled rice) was largely caused by competition from cheap imports and the government’s subsidized P20 rice program, a farmer’s group said.
30 manufacturing projects in the works
THE Board of Investments (BoI) said that it is currently evaluating applications for 30 manufacturing projects which have a total cost of P33.54 billion.
PHL banks fail to meet MSME lending quota in Q1
PHILIPPINE BANKS continued to miss the mandated lending quota for small businesses as of end-March, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Experts say Philippines now ‘back on the radar’ of Taiwanese firms
TAIPEI — Taiwanese companies are looking to set up shop in the Philippines as the country faces a US tariff that is lower than most of its Southeast Asian neighbors, according to analysts.
US tariffs to dampen PHL electronics export growth
THE SEMICONDUCTOR and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) expects the 20% US tariff to dampen its optimistic projections this year.
SEIPI President...
Peso falls on tariff news
THE PESO dropped against the dollar on Monday after US President Donald J. Trump threatened to impose higher import tariffs on additional countries and...
PSEi jumps to 2-month high on bargain hunting
PHILIPPINE STOCKS bounced back on Monday to snap a two-day losing streak as investors picked up bargains as they await developments on the country’s...
Marcos dares Caticlan contractors to complete terminal in 18 months
PRESIDENT Ferdinand R. Marcos, Jr., proposed an 18-month accelerated timeline for completing the new passenger terminal at Caticlan airport in Aklan province, instead of...
Real estate prospects clouded by new US tax on remittances
THE US decision to impose a 1% remittance tax could serve to dampen property investing activity by overseas Filipino workers (OFWs), industry analysts said.
Palay average farmgate price falls 31.8% in June
THE average farmgate price of palay (unmilled rice) fell 31.8% year on year in June to an average of P16.99 per kilo, the Philippine...