House panel approves measure to scrap tax hike on private schools
THE HOUSE Committee on Ways and Means on Monday approved a proposed law that scraps a 150% tax hike on private schools.
Dollar reserves rise to seven-month high
THE country’s dollar buffers as of end-August increased to its highest level in seven months, thanks to the increase in special drawing rights (SDRs) from the International Monetary Fund (IMF).
NCR economic output rose 7.2% in 2022 — PSA
THE NATIONAL Capital Region’s (NCR) economy grew by 7.2% in 2022, buoyed by the full reopening of the country, the Philippine Statistics Authority (PSA) reported on Thursday.
PHL growth slows to 6.2% in 2018
THE PHILIPPINE ECONOMY expanded 6.1% in the fourth quarter at a pace slower than expectations, even as it remained above the six-percent mark, the Philippine Statistics Authority reported yesterday.
PHL leads Asia Pacific on gender equality in work
By Victor V. Saulon
Sub-Editor
AN EQUAL CHANCE for Filipino women in the workplace and in society could translate into a 7% increase in the country’s...
More firms willing to hire K-12 grads, but prefer college finishers
A BUSINESS SURVEY released on Wednesday showed there is an increasing number of companies willing to hire senior high school (SHS) graduates, although many employers still prefer college graduates over them.
Philippines extends zero tariff policy on electric vehicles, parts until 2028
MANILA - The Philippines has extended its no-tariff policy on electric vehicles and parts through 2028 in a bid to wean the country away...
FDI net inflows rise to near 2-year high
NET INFLOWS of foreign direct investments (FDIs) into the Philippines in November surged to its highest level in almost two years amid an improving economic outlook.
ODA use improves
USE of official development assistance (ODA) loans improved in 2017 while total aid portfolio actually declined, the National Economic and Development Authority (NEDA) said in a statement on Thursday.
PSEi surges to 6,600 level on buying momentum
THE PHILIPPINES’ main stock benchmark on Wednesday soared to 6,600 level for the first time since January 2025, buoyed by a strong peso and...
Bicameral committee report on 2026 budget signed
PHILIPPINE LAWMAKERS on Sunday signed the bicameral committee report on the P6.793-trillion national budget for 2026, with the Senate and House expected to ratify...
Bank lending growth slowest in nearly 2 years
BANK LENDING GROWTH slowed to its lowest in nearly two years in August as high borrowing costs dampened demand for loans.