DoF proposes higher excise taxes
THE DEPARTMENT of Finance (DoF) is proposing a package of new and higher taxes on sweetened beverages, e-cigarettes, flexible plastic products, luxury vehicles and private...
Author : Michael H. Henry
Philippine manufacturing PMI hits 5-month high in July
By Justine Irish D. Tabile, Senior Reporter PHILIPPINE manufacturing activity rose to a five-month high in July, as production and new orders grew at the...
World Bank keeps 2026 growth forecast unchanged
THE WORLD BANK kept its 2026 Philippine growth forecast but trimmed its 2027 projection as it expects external risks to weigh on economic activity until...
Weak consumption, public spending likely weighed on Q2 growth
By Katherine K. Chan, Reporter TEPID CONSUMER and government spending likely slowed Philippine economic growth for a fourth consecutive quarter in the second quarter, analysts...
ICTSI Q2 profit rises 21% on higher port revenues
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) posted a 21% increase in attributable net income for the second quarter (Q2), driven by higher revenues from port...
Labor groups seek to lift TRO blocking NCR wage hike, join court challenge
SEVERAL labor groups asked a Pasig court on Monday to let them intervene in the case challenging the P85 daily minimum wage increase for Metro...
Sandiganbayan rejects bid to drop Bonoan from Estrada corruption case
THE Sandiganbayan has denied the Office of the Ombudsman’s bid to amend the graft charge against former Senator Jose “Jinggoy” P. Ejercito Estrada, Jr. by...
Motorists get relief as fuel prices fall by as much as P2.09/L this week
By Sheldeen Joy Talavera, Reporter MOTORISTS will get modest relief this week as oil companies roll back pump prices by as much as P2.09 per...
Lawmakers push tax relief, lower power costs
LAWMAKERS have filed several measures seeking tax relief for workers and micro, small and medium enterprises (MSMEs), lower electricity costs for consumers and stronger environmental...
Tropical Depression Luis intensifies
TROPICAL DEPRESSION Luis intensified across northern Luzon on Monday, prompting the state weather bureau to raise Tropical Cyclone Wind Signal No. 1 over several provinces...