Derco Rosal

World Bank praises Philippine reforestation program

The Philippines' National Greening Program (NGP) is mitigating climate risks and reducing the country's poverty rate, according to the World Bank.

Government grants 25 kilo of rice for military, uniformed personnel

The government will provide 25 kilograms of rice assistance to all active military and uniformed personnel (MUP) to help them manage socio-economic challenges and support the agriculture sector.

Can you afford a middle-class life in the Philippines?

While the government maintains that a robust middle class will propel the country to a predominantly middle-class society within the next 15 years, economists warned that a lack of quality, stable jobs poses a threat to this goal.

T-bill yields continue upward trend amid Trump’s protectionist move

Concerns about rising U.S. Treasury yields and inflation, linked to potential protectionist policies under a Trump administration, have led to an increase in short-term government debt interest rates for the sixth consecutive week, despite a slight decline in investor demand.

Philippines woos investors with WFH-friendly tax incentives

Local businesses can now adopt work-from-home setups without losing valuable tax incentives as the newly enacted Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act officially permits flexible work arrangements.