Chinese brands seen indirectly competing with luxury cars
LUXURY CAR sales dropped 8% in October amid changing consumer preferences and increasing competition from Chinese brands, Mercedes-Benz Philippines said.
General Manager Maricar Parco said...
PHL export prospects riding on tariff ruling by US Supreme Court
A US Supreme Court ruling on the reciprocal tariffs will shape the Philippines’ trade prospects as the justices grapple with President Donald J. Trump’s radical overhaul of the trading system, analysts said.
Red, white onion MSRP set at P120 per kilogram
THE Department of Agriculture (DA) said it imposed a maximum suggested retail price (MSRP) of P120 per kilo for both red and white onions...
Rice, galunggong prices up, meat steady in mid-Nov.
PRICES of rice and galunggong (round scad) rose in mid-November, while pork and chicken prices were little changed, according to the Philippine Statistics Authority...
RBEs to be served by dedicated BIR office
THE Bureau of Internal Revenue (BIR) said it expects to roll out a dedicated office servicing registered business enterprises (RBEs) by December, promising simplified...
Retail infra considered missing piece as e-commerce wave builds
IMPROVEMENTS in infrastructure are needed to help Philippine retailers and merchants meet the rise in demand through e-commerce channels, according to web development and integration agency Dev Team.
ICT workers post top national average monthly wage
THE Information and Communications Technology (ICT) industry posted the highest average monthly wage in 2024, according to the results of the Occupational Wages Survey reported by the Philippine Statistics Authority (PSA).
Fostering growth and tax policy innovation with RPVARA
By Juan Paulo C. Santos
At the SGV 4th Tax Symposium, Executive Director (ED) Consolacion Q. Agcaoili of the Bureau of Local Government Finance (BLGF) highlighted the agency’s commitment to modernize local fiscal management and promote transparency in property valuation, aligning with the symposium’s theme “From Compliance to Confidence: Trust, Transformation, and Transparency.”
Slump in building materials to run until Q1 — cement industry
THE infrastructure corruption scandal is expected to dampen sales of construction materials into early next year, the Cement Manufacturers Association of the Philippines, Inc....
Eastern Visayas wage board raises daily pay by P35
THE Regional Tripartite Wages and Productivity Board of the Eastern Visayas raised the daily wage by P35 for both minimum wage earners and domestic...
956 MW in new power capacity, 160 MW storage added to grid
SOME 956 megawatts (MW) of new capacity was added to the power grid so far this year, as well as 160 MW in new...
Recto tax amnesty proposal seen providing relief while DoF grapples with audit abuses
THE FEDERATION of Philippine Industries (FPI) said a tax amnesty floated by the previous secretary of the Department of Finance (DoF) could be a...