Manila Bulletin - Business

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Business

Manila Bulletin

Philippines faces fiscal constraints on tax reform delays, swelling debt—AMRO
Delays in implementing major tax measures have proven to be a friction in the Philippines’ target of raising higher revenues in recent years, a fiscal condition further worsened by the persistent increase in national government (NG) debt. According to Singapore-based ASEAN+3 Macroeconomic...
Manila Bulletin

DOE threatens to sue oil firms for not matching gov't price cuts
The Department of Energy (DOE) threatened oil companies with legal action if they fail to implement government-mandated price rollbacks that significantly exceed industry calculations, citing powers granted under a state of national energy emergency. Energy Secretary Sharon Garin issued the...
Manila Bulletin

Chicago bound: PAL gets green light from US gov't
Manila Bulletin

'A' credit rating dream at risk as downgrade, debt, and global shocks test Philippines
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