Customs single window expected to raise exporter competitiveness
THE Bureau of Customs’ National Single Window-Integrated Trade Facilitation Platform (NSW-ITFP) will allow exporters to better compete within the region by lowering costs and...
Philippine banks’ NPL ratio eases in November
THE PHILIPPINE BANKING system’s gross nonperforming loan (NPL) ratio eased at end-November, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Business groups say execution of reforms key to regaining investor trust
PHILIPPINE BUSINESS groups view the government’s pledge of “big bold reforms” as a credible step to rebuilding investor confidence but warn the real impact will depend on swift and decisive implementation.
BSP’s ‘nonchalance’ amid peso slump still reasonable
THE BANGKO SENTRAL ng Pilipinas’ (BSP) minimal intervention in the foreign exchange market is deemed reasonable as the peso’s recent swings remain manageable despite successively hitting record lows in the past weeks, analysts said.
Philippines accelerates push to light up rural homes
OVER A MILLION households in the Philippines remain without electricity, a gap the government aims to close within the next three years.
Peso to trade sideways before US data
THE PESO may trade sideways against the dollar this week as market players await the release of key US economic data, which could affect...
Stocks may drop as players book gains from rally
PHILIPPINE SHARES could decline this week as investors continue to book their gains from the market’s recent rally and with the peso’s weakness weighing...
DTI sees export boost from UAE trade agreement
THE Department of Trade and Industry (DTI) said it is confident that exports will grow this year due to the boost provided by the...
Taiwan demand for hospitality workers projected at 6,600 jobs
TAIWAN’s hospitality industry will require about 6,600 workers in 2026, according to the Taipei Economic and Cultural Office (TECO) in the Philippines.
Emilie Xung-Chieh Shao,...
Agriculture spending refocused on reducing poverty, stabilizing supply
THE Department of Agriculture (DA) said it is recalibrating its spending with a shift away from “fragmented, input-driven” programs toward a results-based framework aimed...
VAT oversight on local sales transferred to BIR from BoC
THE Bureau of Customs (BoC) has clarified that sales to domestic market enterprises will now be treated as local transactions, shifting oversight to the...
Wholesale price growth of NCR building materials steady in December
Price growth of bulk construction materials in the National Capital Region (NCR) steadied in December, the Philippine Statistics Authority (PSA) reported on Thursday.
Data from...