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THE HOUSE of Representatives Ways and Means Committee on Monday raced to tackle more of the Executive’s proposed tax reforms in a bid to approve as many of them as possible before lawmakers turn their attention to preparations for next year’s midterm elections, this time focusing on making capital income and financial intermediary taxes simpler, fairer and more efficient.

THE Finance department wants to first see the results of the ongoing estate tax amnesty, which will end on May 31 next year, before Congress passes a measure extending it by another two years.

THE PHILIPPINE government on Monday launched a 10-year employment masterplan, which is targeting to increase the labor force participation rate (LFPR) to 68.2% by...

THE PHILIPPINES’ unemployment rate fell to 3.7% in September, driven in part by a growing number of female workers joining the labor force ahead of the holiday season, the statistics agency said on Wednesday.

DHAKA  — The growing costs of the climate crisis are forcing developing nations to make painful choices, compelling them to pay off debts rather...

FOREIGN INVESTMENT pledges slumped by 63.6% in the first quarter as global economic challenges prompted investors to be more wary of investing in emerging markets like the Philippines, analysts said.   

VEHICLE SALES growth in the country slowed last year from 2016, but 2017 still saw an increase of nearly a fifth, sustaining the annual...

THE government raised P1.857 trillion from both domestic and foreign lenders in the first seven months of the year, as it borrowed more to fund the growing expenses related to the pandemic.

UNCERTAINTIES from US trade policies could impact investment flows in emerging markets (EMs), S&P Global Ratings said in a report, as well as prompt...

THE Philippine construction sector is expected to rebound “strongly” this year, but the outlook is threatened by the Delta-driven surge in coronavirus disease 2019 (COVID-19) infections and stricter lockdowns, Fitch Solutions Country Risk & Industry Research said.

By Abigail Marie P. Yraola, Researcher THE SHARE of the tourism industry to the Philippines’ economic output inched up in 2021, as domestic travel restrictions...

The return of Donald Trump to the White House is unlikely to reshape the US and the Philippines’ longstanding security alliance, but his economic...