Meralco rates down in June
RESIDENTIAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will see lower electricity bills in June as the power distributor cut power rates...
Economic managers warn wage hike bill to slash GDP growth
CONGRESS adjourned session on Wednesday without giving the final approval for the proposal to hike the minimum daily wage by P100-P200, after economic managers...
World Bank keeps PHL growth forecasts
THE World Bank has kept its economic growth forecasts for the Philippines despite heightened uncertainty arising from the Trump administration’s tariff policies.
In its bi-annual...
Lawmakers drop ore export ban
SENATORS and congressmen have agreed not to ban ore exports under a new fiscal regime for large-scale miners that seeks to raise the share of the government in mineral revenue.
Asia’s easing prices pave path for rate cuts and US divergence
INFLATION is easing across Asia as lower food and fuel prices and stronger local currencies against the dollar push down costs. That’s giving the...
PHL jumps to 20th place in Global Gender Gap Index
THE PHILIPPINES jumped five spots in the 2025 Global Gender Gap Index of the World Economic Forum (WEF) to 20th out of 148 countries...
Double taxation talks with Hong Kong likely completed by October
NEGOTIATIONS between the Philippines and Hong Kong on a double taxation agreement (DTA) are expected to close in October, the Bureau of Internal Revenue (BIR) said.
Reduction in stock tax starts July
THE Philippine Stock Exchange, Inc. (PSE) is set to implement the lower stock transaction tax (STT) starting July 1 following the recent signing of...
Capital req’ts under SEC crypto guidelines may discourage small players
THE NEW GUIDELINES of the Securities and Exchange Commission (SEC) on crypto-asset service providers (CASPs) might discourage smaller players due to steep capitalization requirements.
Current account gap further widens in Q1
THE PHILIPPINES’ current account deficit (CAD) ballooned to $4.25 billion in the first quarter amid a larger trade gap, the central bank said.
Data from...
BSP to cut rates by 25 bps — poll
THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to cut rates by 25 basis points (bps) this week amid easing price pressures and slowing...
Palace says Marcos to review Konektadong Pinoy bill
PHILIPPINE President Ferdinand R. Marcos, Jr. will be reviewing the Konektadong Pinoy bill, a priority measure for his administration, amid concerns raised by telecommunications...