Consumer non-essential spending dropping on worries about PHL economy
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PHILIPPINE STAR/ MICHAEL VARCAS CONSUMERS have cut back on non-essential items due to worries about the Philippine economic climate, PwC said, citing…
Gov’t may have shifted to ‘austerity’ stance, posing risk to growth
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PHILIPPINE STAR/ MICHAEL VARCAS By Luisa Maria Jacinta C. Jocson, Reporter WEAK government spending, elevated inflation and rising debt have been cited…
Retailers back VAT refund scheme for foreign tourists
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TOURISTS enjoy sightseeing and shopping along Calle Crisologo in Vigan, Ilocos Sur. Consumer spending is still expected to drive economic growth this…
DBS estimates PHL Q1 GDP growth at 6%, low end of range
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THE economy is estimated to have expanded 6% in the first quarter, DBS Bank Ltd. said, joining the consensus towards the low…
House approves estate tax amnesty extension bill on second reading
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PHILSTAR FILE PHOTO THE House of Representatives approved on second reading a bill seeking to extend the estate tax amnesty for two…
Budget release rate hits 85.8% at end of April
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BW FILE PHOTO THE Department of Budget and Management (DBM) said it had released 85.8% or P4.52 trillion of the 2023 national…
On eve of RCEP, farmers vow to document trade deal impact on agriculture industry
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PHILIPPINE STAR/ MICHAEL VARCAS FARMERS said they intend to document the impact on domestic industry of the Regional Comprehensive Economic Partnership (RCEP)…
Legislation proposed to protect Verde Island Passage
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PCG THE Department of Environment and Natural Resources (DENR) and the governors of five provinces expressed their support for legislative action to…
Power generated by conventionally-fueled plants ruled ineligible for income tax holiday
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THE Board of Investments (BoI) said power plants using conventional fuel are ineligible for the income tax holiday incentive offered under the…
The Final Pitch returns for Season 9, non-tech startups now included
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JOHN AGUILAR, Creator and Host By Miguel Hanz L. Antivola The ninth season of The Final Pitch, a business reality show, will feature…