Military pension reform 鈥榥ot dead鈥 鈥 DBM chief
THE GOVERNMENT is now crafting an improved version of the bill seeking to reform the pension system for military and uniformed personnel (MUP), Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said.
Philippines may face ‘deep scarring’ from pandemic — Moody鈥檚
The Philippines may face 鈥渄eep scarring鈥 or long-lasting economic losses due to the prolonged pandemic, Moody鈥檚 Investors Service said on Friday.聽聽
鈥淢any have been challenged...
Agricultural output edges up in Q2
THE country鈥檚 agricultural output picked up slightly in the second quarter, driven by growth in crops and fisheries sectors, the Philippine Statistics Authority (PSA) said on Wednesday.
Philippines eyes extra rice imports amid ‘crisis’ in Mindanao
THE GOVERNMENT’s Agriculture chief said on Monday that he has proposed the importation of an additional 132,000 tons of rice by the private sector to address “very limited” supplies of the staple food in the country’s southern provinces.
Trade gap balloons to $5.74B in Jan.
THE PHILIPPINES鈥 trade-in-goods deficit widened to a five-month high in January as exports posted their steepest drop in over two years, the Philippine Statistics Authority (PSA) reported on Tuesday.聽
Factory output likely fell further in November 鈥 Moody鈥檚 Analytics
VOLUME of factory output, as measured by the government’s Monthly Integrated Survey of Selected Industries (MISSI), likely decreased annually for a second straight month...
Faster Fed hikes likely to hit PHL external position
THE PHILIPPINES鈥 external position and the peso will likely weaken as investors start to price in the US Federal Reserve鈥檚 planned March interest rate hike and sustained policy tightening.
US private sector ready to invest more in PHL
A MAJOR American business group is vowing to help boost trade between the United States and the Philippines, as President Ferdinand R. Marcos, Jr....
FDI net inflows fall to 10-month low in April
THE PHILIPPINES鈥 foreign direct investment (FDI) net inflows slumped to a 10-month low in April, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday.
Greenhills, Shopee on USTR list of notorious markets for counterfeits
THE GREENHILLS Shopping Center in San Juan City and popular e-commerce platform Shopee are included in the United States Trade Representative鈥檚 (USTR) list of...
Gov鈥檛 looking to sustain growth trajectory
THE Philippine economy can reach first world levels of income and development by 2040 if it grows faster than 6.5% annually, National Economic and...
BIR files P7.18-B tax evasion cases tied to flood-control scandal
The Bureau of Internal Revenue (BIR) on Wednesday filed tax evasion complaints worth P7.18 billion against two contractors implicated in the Philippines鈥 flood-control scandal.
The...