Taxation fix on financial, capital markets

November 15, 2018
A ranking official of the Department of Finance (DOF) stressed that Package 4 of the proposed tax reform program is primarily intended to fix taxation on the financial and capital markets, and funding the government's “Build, Build, Build” program is only a secondary consideration.

Auto makers’ sales up in Oct.

November 14, 2018
The combined number of vehicles sold by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) in October has notably improved relative to sales the previous month, a joint report released Tuesday revealed.

Angara to push ITBPO perks despite reforms

November 13, 2018
Senator Juan Edgardo Angara assured the information technology and business process outsourcing (ITBPO) industry that the upper chamber will fight for the retention of tax perks in support of the sector's growth, amid the administration's efforts towards the rationalization of fiscal incentives.

Growth-sustaining measures pushed

November 12, 2018
The passage of still pending tax reform measures, addressing supply-related issues in agriculture and opening imports of agriculture inputs for manufacturing, are seen to sustain the robust growth of the Philippine economy.

BSP rates to climb further-- ANZ

November 08, 2018
Economic think tank ANZ Research still forecasts another increase in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates, by 25 basis points, in December 2018 even if it turns out that domestic inflation has hit its peak in October.

Prioritize infra--economist

November 07, 2018
During the 2019 economic outlook jointly hosted by Maybank Philippines Inc. and Maybank ATR Kim Eng in Makati City Tuesday, Dr. Chua Hak Bin, Maybank Global Thematic, Macro Economist, said the country’s rising deficit on trade and current account are risks for the economy.

October inflation flat at 6.7%

November 07, 2018
Inflation in October held steady at 6.7 percent, unchanged from the previous month’s level, leading the Bangko Sentral ng Pilipinas (BSP) to state that it may have finally peaked, as the reading is further reinforced by a deceleration in heavily-weighted food items.