SIM card registration seen to deter cybercrime
REGISTRATION PORTALS of the country’s three mobile network carriers Smart Communications, Inc., Globe Telecom, Inc., and DITO Telecommunity Corp. will go live today (Dec....
World economy headed for a recession in 2023
THE WORLD faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to...
Philippines tops full-year revenue goal
THE PHILIPPINE government has surpassed the collection target for its main revenue collection agencies this year, the Presidential Palace said on Sunday.
Emerging collections...
Local telecommunications, renewable energy are hot sectors for M&A — PwC
THE PHILIPPINES can expect higher investor confidence in emerging industries next year particularly in telecommunications, renewable energy, insurance, logistics and agriculture, according to PwC...
Farm imports likely to stay amid spiraling prices
THE PHILIPPINES under President Ferdinand R. Marcos, Jr. is likely to rely on conventional ways of dealing with food security, including the bias for...
NCR retail prices surge by 6% in October
Retail price growth in Metro Manila hit a near 14-year high in October amid surging basic commodity prices fueled by a second-round base effect...
Domestic trade slumps by 25.5% in the third quarter
Trade in domestic goods declined 25.5% in the third quarter to P181.460 billion as the country’s inflation rate moved at a faster pace, according...
PHL eyes $600-M World Bank loan
THE MARCOS administration is seeking a $600-million loan from the World Bank to help the Philippines bounce back from the pandemic, as well as...
PLDT says it will cut capex starting 2023
PLDT INC. on Thursday said it will cut its capital expenditure budget starting next year, as it grapples with the fallout from the P48-billion...
BSP launches sustainability agenda
THE BANGKO Sentral ng Pilipinas (BSP) on Thursday launched its 11-point sustainable central banking (SCB) agenda as it seeks to mitigate climate risks by...
BIR suspends tax audits during holiday season
ALL AUDITS and other field operations have been suspended by the Bureau of Internal Revenue (BIR) until Jan. 8.
In Revenue Memorandum Order No. 55-2022,...
Budget deficit narrows in November
THE NATIONAL Government’s budget deficit narrowed to P123.9 billion in November, as revenue growth outpaced state spending.