Tech to drive home-sharing business after Airbnb survives COVID
REGINA G. DE DIOS, a 58-year-old Filipina entrepreneur who rents out condominium units to tourists as an Airbnb host, finds the business “financially and socially rewarding.”
BSP rate hikes could come sooner due to inflation surge
THE CENTRAL BANK may push for rate hikes sooner next year if inflation remains elevated, Moody’s Analytics said.
Philippine central bank flags possible 25 bps rate cut in August
MANILA — The Philippines central bank governor said on Wednesday a 25 basis points rate cut in August remains possible as inflation is expected...
Coronavirus pandemic highlights failures of Philippine education
JIRO A. NOBLE, 14, has been trying to learn Algebra on his own since classes started in October amid a coronavirus pandemic.
Japan credit watcher affirms PHL credit rating
The Japan Credit Rating Agency (JCR) has maintained the Philippines’ credit rating at ‘A-‘ with a “stable” outlook due to the country’s strong growth...
Construction issues to push back operations of Bulacan airport to 2028
THE START of the Bulacan airport’s operations has been pushed back to 2028 due to delays in construction, San Miguel Corp. (SMC) President and...
Proposed VAT refund program expected to boost economic output
THE PROPOSED value-added tax (VAT) refund for foreign tourists could contribute up to P12.8 billion to the Philippines’ gross domestic product (GDP) through increased spending and additional jobs, an official of the National Economic and Development Authority (NEDA) said on Wednesday.
Executive pay disclosure required
PUBLICLY LISTED firms may have to disclose the exact compensation of each member of their board directors soon, as per the Revised Corporation Code of the Philippines.
Rates steady even as inflation view rises
By Melissa Luz T. Lopez
Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) kept benchmark borrowing rates steady on Thursday despite expectations that inflation will surge...
Executive wants Congress to approve tax amnesty bill by June — Dominguez
By Elijah Joseph C. Tubayan
Reporter
A PLANNED GENERAL tax amnesty could start next semester if Congress could ratify the bill by June, the Department of...
Coronavirus disrupts end-of-life rites, forces grief at a distance
ELNA LEAH L. FONACIER, 64, lost her youngest brother last month to cardiac arrest amid a strict Philippine lockdown — one of the longest in the world — meant to contain a coronavirus pandemic.
Central bank sees high probability inflation may breach target band
UPSIDE RISKS to the inflation outlook are seen to persist this year, mainly coming from elevated transport, food, electricity and oil prices, the Bangko...