FINANCE Secretary Ralph G. Recto said the law offering value-added tax (VAT) refunds for tourists will have a multiplier effect on the economy equivalent…
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EconomyEditor's Pick
PEZA makes pitch to China manufacturers who could relocate to skirt Trump tariffs
THE Philippine Economic Zone Authority (PEZA) said is refocusing its efforts on attracting Chinese investment, betting that some companies there will try to sidestep…
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THE Export Development Council (EDC) said it is hoping to release downgraded targets for the Philippine Export Development Plan (PEDP) next month. “We convened…
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EconomyEditor's Pick
Former Camp John Hay concession holder backs rights of condominium owners, golf shareholders
CJH DEVELOPMENT Corp. (CJHDevCo) urged the Bases Conversion and Development Authority (BCDA) to respect the rights of condominium unit owners and golf shareholders. “There…
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ASIAN ECONOMIES must strengthen their cooperation and partnerships in the face of geopolitical tensions and global fragmentation, the Asian Development Bank (ADB) said. “Rising…
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THE Bases Conversion and Development Authority (BCDA) said it tapped Korea Water Resources Corp. (K-Water) to design the water management systems within BCDA properties.…
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E-COMMERCE platform Lazada Philippines said it is expecting to sustain double-digit sales growth this year as it pursues a strategy of tailored deals for…
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THE World Bank has approved a $67.34-million loan to fund the digitalization of the Philippine civil service, citing the need to increase transparency and…
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THE Bureau of Internal Revenue (BIR) remains confident that it will meet its collection goal for major tax categories in 2025. However, the new…
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THE PHILIPPINES, a domestic demand-driven economy, has the potential to avoid the worst of the new US tariff regime relative to its neighbors, Moody’s…