Category: Economic Indicators
LTFRB told to focus on ease of doing business, aiding drivers
PHILSTAR FILE PHOTO PRESIDENT Ferdinand R. Marcos, Jr. has ordered the Land Transportation Franchising and Regulatory Board (LTFRB) to streamline permit processing and to ensure…
DoT’s Frasco signals major push to highlight neglected destinations
PHILSTAR FILE PHOTO TOURISM Secretary Ma. Esperanza Christina G. Frasco said her department will reach out to every corner of the country to ensure the…
Senate bill sets $80 Dubai crude as trigger to freeze fuel excise tax
A BILL calling for the automatic suspension of value-added tax (VAT) and excise taxes on fuel products has been refiled in the Senate, setting as…
Mines bureau, planetGOLD plan mercury-free processing center
WWW.PLANETGOLD.ORG THE Mines and Geosciences Bureau (MGB) and planetGOLD Philippines said they are collaborating to establish a Mercury Free Processing System (MFPS) in Paracale, Camarines…
Marcos lists increased rice, corn output as DA priority
REUTERS PRESIDENT Ferdinand R. Marcos, Jr. said he took on the Department of Agriculture (DA) post to prepare the agency for an impending food crisis,…
Marcos lists increased rice, corn output as DA priorities
REUTERS PRESIDENT Ferdinand R. Marcos, Jr. said he took on the Department of Agriculture (DA) post to prepare the agency for an impending food crisis,…
DTI’s Pascual calls on subordinates to improve internal information-sharing
THE Department of Trade and Industry (DTI) needs to develop more agile methods of performing its work, with bureaus called on not to confine themselves…
Plastics importers call for review of safeguard measures ruling on polyethylene product
HTTPS://JGSPETROCHEM.COM/ IMPORTERS of plastics raw materials called on the Tariff Commission (TC) to review its recommendation to impose safeguard duties on high-density polyethylene (HDPE) imports,…
Bids solicited for P1.80-billion PNR track relocation project
PHILSTAR THE GOVERNMENT has started seeking bidders for a P1.80-billion design-and-build contract to relocate track on the Solis-Sucat segment of the North South Commuter Railway…
DPWH announces completion of Eastern Samar seawall; bridge to follow
DPWH THE Department of Public Works and Highways (DPWH) said on Monday that it completed a seawall project in Eastern Samar to protect residents hit…
On tax compliance and digitalization
With the change of government, we should certainly expect changes; for taxpayers, new tax policies, programs, and rules are also anticipated. Some taxpayers are excited,…
Business chambers endorse Trade dep’t position on joining RCEP, MSME support
REUTERS TRADE Secretary Alfredo E. Pascual’s intention to join more free trade agreements received backing from major business chambers, who declared support for participating in…
GOCC subsidies decline 82.31% as NIA gets P6.2B
NATIONAL IRRIGATION ADMINISTRATION PHOTO RELEASE SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) declined by 82.31% year on year to P7.905 billion in May, the…
Agri policy needs more bottom-up planning to meet farmers’ needs, study concludes
PHILIPPINE STAR/ MICHAEL VARCAS AGRICULTURE and fisheries planning needs to be more “bottom-up” to better meet the needs of farmers and fisherfolk, steering away from…
From war to wild weather, global crop problems point to years of high food prices
REUTERS ERIC BROTEN had planned to sow about 5,000 acres of corn this year on his farm in North Dakota, but persistent springtime rains limited…
Tradition and transformation in single family offices
(First of two parts) Family-run businesses require structures that are necessary to ensure a smooth transition. In the Philippines, the wealth of ultra-high net worth…
Environment protection spending dips by 4.6% in 2021 — PSA
Expenditures for environmental protection declined by 4.6% year on year in 2021, data from the Philippine Statistics Authority (PSA) showed. The statistics agency’s Compendium of…
Debt-to-GDP ratio projected to peak at 66.8% in 2023
PHILIPPINE STAR/ MICHAEL VARCAS THE debt-to-gross domestic product (GDP) ratio is expected to peak at a “manageable” 66.8% in 2023, but is unlikely to return to…
Sun Life unit sees further PHL recovery
THE PHILIPPINES is set to recover over the course of the year even in the face of rising inflation and global supply chain disruptions, with…
Tariff body backs safeguard action vs polyethylene product
FREEPIK THE Tariff Commission has recommended the imposition of safeguard measures against imports of high-density polyethylene (HDPE) pellets and granules for three years. In a…