House pursues programs to continue bringing down inflation
THE reported decline in inflation meant that the intervention programs implemented by the administration of President Ferdinand Marcos Jr. in the last quarter of...
OFWs seen keeping local property market hot despite steep loan rates
OVERSEAS Filipino workers (OFWs) are emerging as the local property market’s saving grace as a high interest rate environment continues to dampen appetite for...
PH surpasses Malaysia, Thailand in net foreign direct investment
THE Philippines has surpassed the net foreign direct investment (FDI) inflows of Malaysia and Thailand in the first three quarters of 2023, Department of...
Small percentage of basic goods to increase SRPs – DTI
THE Department of Trade and Industry (DTI) has concurred with the request of some manufacturers to increase suggested retail prices (SRPs) of products under...
President Marcos signs Ease of Paying Taxes Act into law
PRESIDENT Ferdinand “Bongbong” Marcos Jr. signed Republic Act No. 11976 or the “Ease of Paying Taxes Act” (EOPT) into law in a bid to...
December 2023 inflation falls to 22-month low
HEADLINE inflation further eased to 3.9 percent in December last year, the lowest recorded since the 3 percent seen in February 2022.
In a briefing...
DTI confirms ‘shrinkflation’ creep in prime commodities
THE Department of Trade and Industry (DTI) condemned the practice of "shrinkflation" wherein the size or quantity of a product becomes smaller while the...
BSP developing foreign exchange intervention framework
BANGKO Sentral ng Pilipinas (BSP) governor Eli Remolona Jr. said the central bank would develop this year a foreign exchange (FX) intervention framework.
"We're developing...
OFWs seen keeping local property market hot despite steep loan rates
OVERSEAS Filipino workers (OFWs) are emerging as the local property market’s saving grace as a high interest rate environment continues to dampen appetite for...
TUCP backs Pag-IBIG’s plan to increase rates, improve members’ benefits
The Trade Union Congress of the Philippines (TUCP) has expressed its support to Pag-IBIG Fund’s plan to increase the nearly four-decade old mandatory monthly...