Electronics industry to survive tax reforms

September 26, 2018
The local electronics industry can survive the scrapping of certain tax perks such as the 5-percent gross income earned (GIE), but radically revamping the Philippine Economic Zone Authority's (PEZA) processes may prove even more worrisome.

New airport near NAIA potentially unsafe

September 25, 2018
Philippines AirAsia, Inc. President and Chief Executive Officer Capt. Dexter Comendador said that developing another airport in the vicinity of Ninoy Aquino International Airport (NAIA) and several other airports in the country will pose added risk to aircraft in flight.

Inflation ‘existential threat’ to dev’t

September 25, 2018
Albay Rep. Joey Sarte Salceda said the country now urgently needs inflation countermeasures to keep prices down and provide the necessary safety nets to at-risk households. The lawmaker, a noted economist, is the House focal person on inflation and fiscal policies.

Espenilla discounts off-cycle action

September 19, 2018
Bangko Sentral (BSP) Gov. Nestor A. Espenilla Jr. discounted any off-cycle actions ahead of the Monetary Board's (MB) meeting on September 27 despite the impact of inflation which may have been exacerbated by the wrath of Typhoon Ompong (Mangkhut).

Dominguez discounts off-cycle move

September 18, 2018
Finance Secretary Carlos Dominguez III is optimistic the country's high inflation rate today will not affect the national budget and does not need an off-cycle measure from Bangko Sentral ng Pilipinas (BSP).

Where are American investors?

September 15, 2018

Finance Secretary Carlos Dominguez III has questioned the absence of American investors in the Duterte administration’s flagship infrastructure project to develop the Clark Freeport Zone, a former

PCCI execs unfazed by 6.4% inflation

September 14, 2018

Top officers of the Philippine Chamber of Commerce and Industry (PCCI) are taking the 6.4 percent August inflation rate in stride, even as they called on economic managers to apply the necessary re