OSAPIEA to disband after Go transfers to DoF
PRESIDENT Ferdinand R. Marcos, Jr. will dissolve the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) following the...
Ex-commissioner acknowledges potential for BIR’s LoA to be abused
FORMER Bureau of Internal Revenue (BIR) Commissioner Kim S. Jacinto-Henares said the agency’s use of Letters of Authority (LoA) to look into taxpayers’ books...
Stocks end higher as markets eye BSP, Fed cuts
STOCKS rebounded on Wednesday as investors bought cheap shares and amid bets on further monetary policy easing by both the Bangko Sentral ng Pilipinas...
Flood probe clouds growth outlook
THE PHILIPPINES’ economic expansion is set to fall short of official targets through 2026 as a widening graft investigation into flood control projects weighs on public spending and investor confidence, according to Deutsche Bank Research.
Top businessmen seek clarity amid flood issue
TOP Philippine business leaders said investor confidence could still recover despite the drag from a multibillion-peso flood control corruption scandal but stressed that the government should restore credibility and provide a clearer policy direction to sustain investment momentum.
PHL semiconductor exports set for 5% growth next year
THE Philippines’ semiconductor and electronics sector is poised for a modest rebound next year, with exports projected to rise 5% as demand for advanced technologies continues to climb, the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said.
PHL digital economy on track to hit $36B in 2025
THE PHILIPPINES’ digital economy is set to hit $36 billion in gross merchandise value (GMV) this year, supported by rapid adoption of e-commerce, transport and delivery services, digital finance and artificial intelligence (AI), according to a report by Google, Temasek Holdings and Bain & Company.
Peso weakens further to track yen’s drop
THE PESO dropped further against the dollar on Tuesday to follow the yen’s decline as markets expect the Japanese government to support its falling...
Subway ruled out for operations by 2028 but limited tests likely
THE Metro Manila Subway has been ruled out for commercial operations by 2028, though, the Department of Transportation (DoTr) said on Tuesday that parts...
Offshore wind auction now set for next year
THE Department of Energy (DoE) said it moved the auction for the fifth green energy auction (GEA-5) round to next year.
GEA-5, the first auction...
Pork MAV 2026 allocation system under review as quota application period draws to a...
THE Department of Agriculture (DA) is reviewing pork allocations for 2026, and has frozen applications for minimum access volume (MAV) quotas while the new...
Canada FTA talks targeted to start in early 2026
THE PHILIPPINES and Canada could start negotiations for a free trade agreement (FTA) early next year, with the talks possibly concluding before next year...