ADB: Targeted fuel subsidies preferred over excise tax cuts
TARGETED ASSISTANCE for the segments of society deemed vulnerable to oil price volatility will likely be more beneficial for the Philippines than suspending or reducing excise taxes on fuel, the Asian Development Bank (ADB) said.
Agricultural trade deficit widens 2.2% in January
THE DEFICIT in the agricultural goods trade in January widened 2.2% year on year to $1.03 billion, according to preliminary data from the Philippine...
ASEAN retreat to focus on minimizing trade frictions
THE upcoming Association of Southeast Asian Nations (ASEAN) Economic Ministers Retreat will tackle minimizing trade barriers as a response to the ongoing fuel crisis...
Philippine activists plan civilian mission to contested South China Sea island
A COALITION of Philippine activist groups plans to sail to Thitu Island in the disputed South China Sea to deliver food and fuel to residents, part of a campaign to assert Manila’s presence amid rising Chinese activity in the region.
PHL funds fuel relief; no borrowing planned yet
THE Philippine government has sufficient funds to support its economic response to the Middle East war and has no immediate plans to borrow from...
25 more OFWs arrive from Dubai as Middle East war rages
TWENTY-FIVE overseas Filipino workers (OFWs) and one dependent arrived in the Philippines from Dubai on Wednesday evening, the Department of Migrant Workers (DMW) said,...
PHL stocks drop as global oil prices surge again
PHILIPPINE STOCKS dropped anew on Thursday following a two-day climb as the prolonged war in Iran caused global oil prices to spike again, worsening...
Eala earns 120 ranking points in Paribas ahead of Miami return
FOR Alexandra “Alex” Eala, the Indian Wells turned into a deep well of invaluable treasures.
The Filipina tennis pride may have ended her debut in...
Phoenix eyes winning debut for coach Charles Tiu against Magnolia in PBA Commissioner’s Cup
PHOENIX seeks to give coach Charles Tiu a winning debut and its redemption tour an auspicious start as it battles Magnolia in the PBA Season 50 Commissioner’s Cup on Friday at the Ninoy Aquino Stadium.
Knicks escape 18-point hole to beat Utah Jazz
JORDAN CLARKSON scored 17 of his season-high 27 points during a decisive surge over the final 16 minutes on Wednesday for the New York...
Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on...
DUBAI/BASRA, Iraq — Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member...
US opens unfair-trade probes to rebuild Trump’s tariff pressure
WASHINGTON — US President Donald J. Trump’s administration on Wednesday said it was launching two new trade investigations into excess industrial capacity in 16...