Panasonic invests P3B to expand domestic manufacturing in PHL
PANASONIC Manufacturing Philippines Corp. has registered P3 billion worth of projects with the Philippine Economic Zone Authority (PEZA) as it moves to expand operations...
Marcos cuts 2025 property taxes for power producers to avert fiscal, energy risks
PHILIPPINE President Ferdinand R. Marcos, Jr. ordered a reduction of real property taxes on independent power producers (IPP) for 2025, warning that full assessments...
Stocks sink to two-week low on economic woes
PHILIPPINE STOCKS dropped to a two-week low on Wednesday on increased selling pressure due to the peso’s weakness against the dollar and economic concerns.
The...
NG debt rises to P17.56T at end-Oct.
THE NATIONAL GOVERNMENT’S (NG) outstanding debt inched up to P17.562 trillion at the end of October due to a weaker peso.
Data from the Bureau...
Industry groups oppose tax on single-use plastics
INDUSTRY GROUPS on Tuesday pushed back against a proposal to impose an excise tax on single-use plastics, saying the suggested levy is unfair, could make goods expensive and lead to job losses.
Palace to lawmakers: Speed up 2026 national budget deliberations
MALACAÑANG on Tuesday urged lawmakers to hasten the passage of the proposed 2026 national budget to avoid a reenacted spending plan.
Peso slips with PHL growth seen missing gov’t target
THE PESO slipped against the dollar on Tuesday on economic growth concerns and ahead of key US data to be released on Friday.
The local...
PSEi posts slight gains as market looks for leads
PHILIPPINE STOCKS edged up on Tuesday as the market mostly traded sideways before the release of inflation data on Friday.
The bellwether Philippine Stock Exchange...
‘Significantly lower’ export targets due out soon
THE Export Development Council (EDC) is set to release new targets for the Philippine Export Development Plan (PEDP) this week, which will likely be...
Corruption fallout reflected in November PPI reading, FPI says
THE fallout from the corruption scandal shows up in the dismal purchasing managers’ index (PMI) reading for November, indicating weakening investor confidence and stalled...
Government still counting on late-year public spending boost to hit GDP goals
THE GOVERNMENT is still counting on accelerated spending late in the year as it reaches for the low end of official growth targets, even...
BSP expected to cut rates this month — Metrobank
THE Bangko Sentral ng Pilipinas (BSP) may again reduce key borrowing costs this month with inflation remaining subdued, Metropolitan Bank & Trust Co. (Metrobank)...