Budget enactment spells growth

April 22, 2019
Finance Secretary Carlos Dominguez III hailed the signing into law of the PHP3.7-trillion 2019 national budget, citing its importance towards attaining sustained growth of the Philippine economy.

Car sales recover in March

April 16, 2019
Sales of car manufacturers bounced back in March, recording a double-digit growth year-on-year, the Chamber of Automotive Manufacturers Association of the Philippines, Inc. reported on Monday.

Bullish home market seen

April 09, 2019
DMCI Homes Assistant Vice President for Project Development Dennis Yap said the Metro Manila Subway project, which broke ground late February, creates more opportunities for the property sector since it makes neighboring areas more attractive for residential ventures.

Bottled water, juices to get pricier

March 26, 2019
“Inflation is a necessary evil. Ang mahalaga ay kailangan ito bantayan na di ito gaano makaapekto sa kinikita ng ating mga kababayan (What is important is that we must monitor and ensure that this will not substantially affect the incomes of our countrymen),” Cua said.

Japanese firms to expand operations

March 17, 2019
The Department of Trade and Industry (DTI) together with the Philippine Trade and Investment Center (PTIC) in Tokyo organized a business forum on March 12, 2019 with high level representatives of select Japanese companies to discuss expansion intentions as well as ongoing economic reforms in the Philippines (PH). DTI Secretary Ramon Lopez led the discussion and highlighted PH’s top trade products, investment performance, and industry growth drivers.

Diokno tackles risks to financial market

March 15, 2019
The Financial Stability Coordination Council (FSCC), in its quarterly meeting, welcomed its new chairman, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno, who replaced the late BSP Governor and FSCC Chairman Nestor A. Espenilla Jr., who passed away last month.

Alcohol tax to raise P237B in 5 years

March 12, 2019
A proposal by Senator Emmanuel Pacquiao to increase the excise tax on alcohol products will raise additional revenues of almost PHP237 billion over a five-year period and at the same time help reduce excessive consumption of alcoholic drinks or binge drinking that is linked to vehicular crash accidents, domestic abuse and other crimes.