Red Sea ship attacks seen adding to cost of transporting oil, other goods

THE attacks on Red Sea shipping will be felt by consumers mainly in the form of higher shipping costs if the disruptions continue, the...

EU, Norway bullish on growth of trade with PHL

By Justine Irish D. Tabile, Reporter THE European Chamber of Commerce of the Philippines (ECCP) and the Embassy of Norway said they are bullish on...

PHL population projected to top 138 million by 2055

THE POPULATION is projected to increase to around 138.67 million by 2055 under a moderate-growth scenario, the Philippine Statistics Authority (PSA) said. The high-growth scenario...

Greenhills mall makes US list of ‘notorious counterfeit markets’

THE GREENHILLS Shopping Center in San Juan City was listed by the Office of the US Trade Representative’s (USTR) as a “notorious market for...

Cebu touted as potential hub for US farm goods

THE US Department of Agriculture (USDA) said that Cebu City has the potential to service direct exports of US agricultural products, according to a...

Trade show organizer counting on MSMEs to raise competitiveness via packaging

MICRO, SMALL, and medium sized enterprises (MSMEs) need to rethink their packaging strategy in the face of more demanding consumers and retailers, according to...

Forgone gov’t revenue from undervalued rice imports estimated at P7.5-B in 2023

FORGONE government revenue from undervalued rice imports was estimated at about P7.5 billion, according to the Federation of Free Farmers (FFF). The total was calculated...

IRRI, BASF testing carbon-reduction schemes in rice farming

THE International Rice Research Institute (IRRI) said it will test carbon-reduction schemes in rice farming in partnership with Germany’s BASF AG. “The joint effort is...

SEC pledges more data-sharing cooperation to improve tax effort

THE Securities and Exchange Commission (SEC) pledged to pursue further data-sharing initiatives as its contribution to improving tax administration, after the Department of Finance...

The pitfalls of inadequate personal delivery in tax assessments

By Frenz Angelie B. Hechanova
AMONG the priority programs and projects of the Bureau of Internal Revenue (BIR) in 2023 was to generate revenue via a range of audit...

Vietnam well-positioned as top PHL import source, EV investor

By Justine Irish D. Tabile, Reporter THE PHILIPPINES could tap Vietnam as a major alternate source of low-cost imports as well as investment in its...

Inflation expected to ease further in 1st quarter

INFLATION is expected to ease further in the first quarter as prices of key commodities stabilize, First Metro Investment Corp. (FMIC) and the University...