PHL, Thailand sign 5-year tourism cooperation deal
THE Department of Tourism (DoT) of the Philippines and the Thai Ministry of Tourism and Sports have signed an agreement to help develop cultural...
Small egg producers targeted in livelihood support program
THE Department of Agriculture (DA) said it set aside P85.19 million to establish a network of egg production facilities for small-scale growers.
In Memorandum Order...
IMF sees faster PHL growth until 2026
THE PHILIPPINE ECONOMY will continue to accelerate from this year to 2026 as domestic demand remains robust, the International Monetary Fund (IMF) said, but warned risks are tilted to the downside due to possible external shocks.
Government spending to slow in 1st half
GOVERNMENT SPENDING is likely to slow in the first half of 2025 due to the election ban on public works and congressional insertions in...
Second Trump term adds to PHL economic uncertainty
THE SECOND TERM of US President-elect Donald J. Trump could add more uncertainty to the Philippine economy, which could possibly impact trade prospects, financial flows, and monetary policy, analysts said.
External debt service burden rises at end-Oct.
THE COUNTRY’S external debt service burden jumped by almost 20% as of end-October, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Debt servicing...
PHL important for US as it counters China
THE Philippines will remain a key partner of the United States under President-elect Donald J. Trump, who is likely to tap Indo-Pacific allies as Washington thwarts China’s challenge to its international standing, analysts said.
Market to remain cautious with Trump in focus
PHILIPPINE SHARES may remain weak this week as market sentiment stays cautious, with US President-elect Donald J. Trump set to take office on Monday...
Peso may be range-bound as markets await Trump policies
THE PESO may move sideways against the dollar this week as the market awaits US President-elect Donald J. Trump’s inauguration for potential policy pronouncements.
The...
Digital VAT draft regulations to allow 3rd party local reps
THE Bureau of Internal Revenue (BIR) will allow non-resident digital service providers (DSPs) to appoint a local third-party representative to handle administrative matters for...
Finland signals need for tech, healthcare workers
FINLAND’s ageing population has created gaps in its workforce that Filipinos can fill, particularly in technology and healthcare, members of a Finnish delegation said.
“Finland,...
SB Corp. targets P460M in operating income this year
THE Trade department’s micro, small and medium enterprise development financing arm, Small Business Corp. (SB Corp.), has set a target of P460 million in...