PH manufacturing condition improves in July

THE S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) for July 2023 showed an improvement in the condition of local factories. In its report released...
Soldiers seize several boxes of smuggled cigarettes in Sulu in January 2023. PHOTO COURTESY OF AFP WESTERN MINDANAO COMMAND

NTA sees over P30-B losses from illicit tobacco trade

THE National Tobacco Administration (NTA) is expecting foregone revenues from illicit tobacco trading to reach more than P30 billion this year. At the International Tobacco...
Online platforms should recognize the mandatory discounts given to senior citizens and persons with disabilities, says the Bureau of Internal Revenue. PHOTO COURTESY OF MONEYMAX.PH

BIR: Discounts for seniors, PWDs mandatory for online purchases

THE Bureau of Internal Revenue (BIR) said the discounts on purchases made online by senior citizens (SC) and persons with disabilities (PWD) are mandatory. "Online...
Vice President Sara Duterte stands in the background as PAGCOR Chairman and CEO Alejandro Tengco and OVP Chief of Staff Atty. Zuleika Lopez display the Memorandum of Agreement (MOA), which stated the state-run gaming and regulatory firm’s commitment to release P120 million worth of financial grant, in support of the OVP’s pro-poor advocacies.

PAGCOR grants P120 million for OVP’s socio-civic initiatives

THE Office of the Vice President (OVP) will now be able to expand the reach of its social services after the Philippine Amusement and...

Pag-IBIG Fund and Angkas strengthen ties, sign collection servicing agreement

Pag-IBIG and Angkas signed a collection servicing agreement to provide rider-partners an easy, secure and sustainable way to pay their Pag-IBIG Savings (contributions) and...

Globe registers 54 Million SIM users, Remains the undisputed Mobile leader in PH

Globe is the undisputed Mobile leader in the Philippines, edging out competitors in its user count as it logged nearly 54 million registered SIMs...
The Bangko Sentral ng Pilipinas is working on deploying 15 more coin deposit machines in Metro Manila. PHOTO COURTESY OF BUSINESSMIRROR.COM.PH

BSP coin deposit machines collect over P18M

THE Bangko Sentral ng Pilipinas (BSP) yesterday said over P18 million worth of coins have been collected through its coin deposit machines (CoDMs) since...
Inflation, the rate of increase in prices over a given period of time, will be within the target range of 2 to 4 percent by the fourth quarter of 2023, says the Bangko Sentral ng Pilipinas.

PH inflation could fall below 2% by 2024 – Diokno

FINANCE Secretary Benjamin Diokno yesterday said he is bullish about Philippine inflation, noting that it could fall below two percent by the first quarter...
Department of Trade and Industry secretary Alfredo Pascual. PRESIDENTIAL COMMUNICATIONS OFFICE PHOTO

EU-PH free trade deal formal talks eyed in 2024

AS EUROPEAN Commission President Ursula von der Leyen confirmed the European Union’s (EU) interest to recommence free trade agreement (FTA) negotiations with the Philippines...
The Department of Agriculture says the “biggest” rice production in the country is expected either by the end of September or October this year. PHILSTAR FILE PHOTO

PH rice production remains ‘sound’ – DA

THE rice supply and demand in the country remains “sound” despite the three global developments which could affect the production of the staple, the...