Economy

GOVERNMENT-owned and -controlled corporations (GOCCs) received 67.75% less budgetary support in July compared to a year earlier, according to the Bureau of the…

LOCAL government units (LGUs) will receive P21 billion from the excise taxes collected from domestically manufactured tobacco and cigarettes, the Department of Budget…

THE Philippine Ports Authority (PPA) said it awarded the contract to expand the Port of Dumaguete to BNR Construction and Development Corp. The…

PORK PRODUCERS from Taiwan are looking to expand their footprint in the Philippines, the Taipei-based Commerce Development Research Institute (CDRI) said. “We will…

IN BRIEF: • 60% of Asia-Pacific board directors identify economic conditions as their top concern for 2024 • Despite the increasing severity of…

Focusing on the Greater Manila Bay Area (GMBA) development can help boost the economy of provinces, an expert said on Thursday.  “Investment is…

THE Department of Finance (DoF) said taking money from the reserves of Government-Owned and -Controlled Corporations (GOCCs) is preferable to imposing new taxes,…

THE Philippine Competition Commission (PCC) said 12 onion traders sought to corner the import market in violation of competition law. The traders imported…

THE Department of Transportation (DoTr) said it is making progress on proposals to modernize and upgrade three regional airports.  “For Laguindingan airport, the…

THE Department of Public Works and Highways (DPWH) said damage caused by Tropical Storm Enteng to public infrastructure amounted to P139.56 million.  In…