Poll: GDP growth likely slowed in Q3
THE PHILIPPINE ECONOMY likely cooled in the third quarter as soft government spending, typhoons and corruption scandals weighed on growth momentum, economists said.
Exiting POGOs to face BIR audit 鈥 Dominguez
THE Bureau of Internal Revenue (BIR) will still conduct an audit of Philippine Offshore Gaming Operators (POGOs) that are leaving the country to check their tax compliance and collect any back taxes, Finance Secretary Carlos G. Dominguez III said.
July 鈥榟ot money鈥 net inflows biggest in six months — BSP
MORE foreign capital entered the Philippines in July to post the biggest net inflow in six months, the central bank reported yesterday.
Foreign portfolio investments,...
Flood control scandal could weigh on PHL growth 鈥 BMI
THE PHILIPPINES鈥 economic growth outlook for 2025 and 2026 could weaken as a widening flood control corruption probe erodes business confidence and dampens infrastructure...
October dollar reserves inch up
By Luz Wendy T. Noble, Reporter聽
The country鈥檚 foreign exchange buffers slightly increased as of end-October as the value of the central bank鈥檚 gold holdings...
Agricultural production dips in 2022
AGRICULTURAL production shrank by 0.1% in 2022, marking the third straight year of contraction, as crops and fisheries output declined, the Philippine Statistics Authority (PSA) said on Wednesday.
NG gross borrowings fall in March
THE NATIONAL Government鈥檚 (NG) gross borrowings declined in March as external debt dropped by nearly half, data from the Bureau of the Treasury (BTr) showed.
Business groups bare 鈥榯ax wish list鈥 for 2026
PHILIPPINE business groups are urging lawmakers to pass a general tax amnesty and review the value鈥慳dded tax (VAT) on electricity as part of their tax wish list for 2026.
AMRO expects PHL economic growth to pick up
THE PHILIPPINES will remain 鈥渞esilient鈥 with the rest of Southeast Asia and the region鈥檚 three major neighbors in the north, 鈥渉eightened global risks and stronger external headwinds鈥 notwithstanding, with the country鈥檚 economic growth picking up this year and the next, according to latest assessments the ASEAN+3 Macroeconomic Research Office (AMRO) released early this morning.
DoTr proposes to free up P15-B funds for coronavirus response
THE Department of Transportation (DoTr) on Monday said it identified 35 transport projects where around P15 billion can be freed up for the government鈥檚 coronavirus pandemic response efforts.
Double-digit credit growth to continue until 2025 鈥 S&P Global
LOWER INTEREST RATES and easing inflation will fuel double-digit credit growth in the Philippines through 2025, S&P Global Ratings said.
Farm output falls for 1st time since 2016
FULL-YEAR agriculture output contracted for the first time since 2016, after the sector was battered by the coronavirus disease 2019 (COVID-19) pandemic, a series of devastating typhoons, and the continued outbreak of African Swine Fever (ASF).